UAE, India Hold Talks On Settling Non-Oil Trade In Rupees


Davos 2023: UAE, India Hold Talks On Settling Non-Oil Trade In Rupees

UAE is in early discussions with India to commerce non-oil commodities in Indian rupees. (File)

Davos:

 The United Arab Emirates is in early discussions with India to commerce non-oil commodities in Indian rupees, Minister for Foreign Trade Dr Thani Al Zeyoudi instructed Reuters on Thursday.

The minister mentioned different international locations, together with China, had additionally raised the problem of settling non-oil commerce funds in native currencies. He added that the UAE is hoping to conclude a commerce settlement with Cambodia within the first quarter.

(Except for the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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