![Bilateral trade between India, GCC up 40.53% to $111.71 bn between Apr-Oct](https://images.assettype.com/fortuneindia%2F2022-05%2Fdd804ed2-c144-4ba9-9396-3d4b411ebea4%2FAdani_Mundra_Port_H5B1980_copy.jpg?w=300&q=95)
Bilateral trade between India, GCC up 40.53% to $111.71 bn between Apr-Oct
During the period FY 2017-18 to FY 2021-22, bilateral trade between India and the GCC has grown by 10.57% on a compounded annual growth rate basis.
During the period FY 2017-18 to FY 2021-22, bilateral trade between India and the GCC has grown by 10.57% on a compounded annual growth rate basis.
The US surpassed the UAE as the top source country, accounting for 23% of total remittances in the financial year 2020-21, finds RBI survey.
The economic and commercial interests India has with the West Asian countries that are aggrieved by the remarks are significant.