Huma Siddiqui

As the Arab countries redevelop their foreign policy, what emerges is there exceptional convergence in interests, values and strategies with a rising India that is eager to assimilate itself into Asia. Close ties between India and the Arab world are likely to become a key driving force in shaping a new international order in Asia based on synergies and market principles.

The current state of the economic relations between India and the Arab countries shows enormous potential that can be harnessed, considering the vast complementarities in areas of food and food processing, education, tourism, healthcare, construction, real estate and mainly other sectors within these economies. A KPMG report has pointed out the major sectors that have attracted Arab interest include infrastructure: $112 billion, SEZs: $12 billion, agro and food processing: $900 million, real estate: $700 million and oil & gas: $500 million.

Full Story...

Posted by boyang at June 3, 2008 7:28 PM