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UAE-Brics Non-Oil Trade Reaches $312B

UAE-Brics Non-Oil Trade Reaches $312B

The United Arab Emirates has affirmed that its participation in the BRICS summit held in New Delhi represents an important strategic step. Its delegation was led by His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, who also participated actively. The Minister of State for Foreign Trade, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, noted that non-oil trade between the UAE and BRICS countries amounted to over $312 billion last year, accounting for more than 30% of the country's non-oil trade, with a growth rate of 28.5% compared to the previous year. The participation underscored the importance of international cooperation, expanding free trade agreements, and leveraging technology and innovation to promote future economic growth and enhance relationships with the member countries of the group.

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