India and the 22 League of Arab Nations will soon become major trading partners, exhibiting significant improvement in bilateral trade and is expected to reach US$120 billion by 2010–11 and 240 Billion USD by 2014. In 2004-5 bilateral trade stood at just 20 Billion USD. This apart from other interesting information comes out of a publication on “India & League of Arab State- Exploring New Horizons”, covering all the members of the League of Arab States. This publication is from Confederation of Indian Industry (CII), in cooperation with the Embassy of Arab League of Nations and was officially launched today at New Delhi.
The publication explores new horizons of collaboration to harness investment and trade between India and the countries in the Arab region. This publication will provide an overview of the economic scenario, policies, main sectors of industry, market size, trade policies and export - import scenario of India and all the 21 countries in the region . It also provides details of major players, key MNCs operating in the main sectors of Industry, opportunities for business in these countries, importance agencies, websites for reference and FDI in the region.