UAE, Germany trade to increase 10 percent in 2016


(MENAFN) Trade between the UAE and Germany will increase at 10 percent this year to reach an estimated USD17.9bn.

The Abu Dhabi Department of Economic Development currently organized an introductory forum about the European market.

In addition, the forum aimed to highlight the size of trade and investment in the market of the EU- a 500mn consumer market.

German exports to the UAE valued at 83 percent or USD14.97bn, which makes the UAE one of the main partners for the German economy.


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