Abu Dhabi – Mubasher: The non-oil foreign trade of the United Arab Emirates soared by more than 160% to AED 7.8 trillion from 2006 to mid-2015, with an average annual growth rate of 10%, according to UAE’s Federal Customs Authority.
The authority said, in a statement, that the policy of openness to global markets helped in supporting the national industry and boosting the country’s brand.
Earlier in January, the UAE’s ministry of economy expected that the UAE’s non-oil foreign trade will rise by 10% to AED 1.750 trillion in 2015 from AED 1.632 trillion in 2014.