Ready to play
Ready to play
The United Arab Emirates is participating in the BRICS Summit held in New Delhi, following its official accession to the group in January 2024. The goal is to expand economic and trade partnerships and strengthen its presence in global markets. The report confirms that the UAE is beginning to benefit from its membership through an increase in trade with BRICS countries, with non-oil trade between the UAE and these nations surpassing $312 billion in 2025, representing a 28.5% increase over 2024. There is a significant focus on China and India. Additionally, the UAE aims to develop economic relations through memoranda of understanding and partnership agreements, leveraging its strategic location as a global logistics hub to boost investment and trade flows with BRICS members, thereby supporting efforts toward economic diversification and sustainable development.
Notice: This Is an AI-Generated Summary
Comments (0)