LARGEST PARTNER

Piyush Goyal, said, “The GCC is India’s largest trading partner, with bilateral merchandise trade valued at $154 billion and bilateral services valued at $14 billion. We share complementary business and economic ecosystems.

The Minister added, “While India plays an important role in food security, the GCC has remained a reliable partner for India’s energy needs. A total of 35 per cent of India’s oil imports and 75 per cent of gas imports come from the GCC.”