Davos 2023: UAE, India Maintain Talks On Settling Non-Oil Commerce In Rupees

Davos:

 The United Arab Emirates is in early discussions with India to commerce non-oil commodities in Indian rupees, Minister for Overseas Commerce Dr Thani Al Zeyoudi informed Reuters on Thursday.

The minister stated different nations, together with China, had additionally raised the problem of settling non-oil commerce funds in native currencies. He added that the UAE is hoping to conclude a commerce settlement with Cambodia within the first quarter.

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