Increased exports to UAE.
A free trade agreement between India and the United Arab Emirates was signed last year.
After that the trade between the two countries increased to a great extent.
Emirates is India's second largest export market.
Exports of petroleum, petrochemicals, gemstones, gold jewellery, machinery and food products have increased tremendously.
Trade between the two countries is expected to reach $80 billion.
Additional news is that the UAE has expressed its willingness to carry out non-oil export and import trade in Indian rupees.
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