India, UAE in talks for rupee-dirham denominated bilateral trade
New Delhi [India], November 25 (ANI): India and UAE are in talks for a Rupee-Dirham-denominated bilateral trade, said Sunjay Sudhir, Indian Ambassador to UAE, adding that both the countries will find it beneficial.
The Ambassador said the talks started on September 1, 2022.
"Both countries find this beneficial. India has shared a concept paper with UAE. Central Banks of both countries are discussing. The objective is to r