India, six Gulf nations set stage to launch FTA talks
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Gulf Cooperation Council — comprising Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and UAE — is a key trade and investment partner for India, with exports of nearly $57 billion and imports of around $122 billion, accounting for over 15% of India’s total global trade. Trade with GCC has grown at an average annual rate of about 15% in the last five years.
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