CURRENT AFFAIRS

2021

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
As per diplomats India, UAE, and Israel trilateral trade to be reached to how much amount by 2030?
A
USD 75 billion
B
USD 200 billion
C
USD 90 billion
D
USD 110 billion
Explanation: 

Detailed explanation-1: -India, Israel, UAE trilateral could boost trade to USD 110 billion by 2030.

Detailed explanation-2: -Exports to Israel in India averaged 22.32 INR Billion from 2014 until 2022, reaching an all time high of 122.55 INR Billion in November of 2022 and a record low of 5.95 INR Billion in April of 2020. This page includes a chart with historical data for India Exports to Israel.

Detailed explanation-3: -India Exports to United Arab Emirates was US$25.45 Billion during 2021, according to the United Nations COMTRADE database on international trade. India Exports to United Arab Emirates - data, historical chart and statistics - was last updated on February of 2023.

Detailed explanation-4: -The relationship between India and UAE has seen transformational changes since 2014. India and UAE have projected to surpass bilateral trade worth USD 88 billion this year. After USA and China, UAE became India’s 3rd largest trading partner.

Detailed explanation-5: -Imports from Israel in India averaged 12.53 INR Billion from 2013 until 2022, reaching an all time high of 36.77 INR Billion in March of 2022 and a record low of 4.53 INR Billion in May of 2020. This page includes a chart with historical data for India Imports from Israel.

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