$12 bn rise in US Exports to UAE
Despite the economic recession, the trade between US and UAE continues to remain robust.
The exports have rose from $3.6 billion in 2002 to an astounding $12.1 billion in 2009. This report of 237% increase in US exports to UAE, signifies a source of the dynamic bilateral trade.
The report was released by the US-UAE Business Council, on Thursday. The reports emphasizes the growth of foreign direct investments in both the countries as well as the open commercial strategic cooperation that exists between both the countries.
The report was authored by Michael Moore, who is a professor of Economics and International Affairs at George Washington University. The report shows that the UAE is the top export destination for the USA.
Related posts:
- India major strategic partner: US The obama Administration has identified India as a major...
- Interest Rates Rise on Positive Economic Data There was rise in the interest rates on positive...
- Shanghai prepares to open 2010 World Expo Countries all around the world compete in terms of ...
- The first tranche of 20 billion euros for Greece Greece has received today the first tranche of 110...
- 4Q lobbying reached $850K for mortgage group Mortgage Insurance Companies of America spent $850,000 to lobby...
Posted by AnnabelleLion on May 29 2010 Filed under Business. You can follow any responses to this entry through the . You can leave a response or trackback to this entry
