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India's Look East Policy, which aims at developing stronger relations with Asian countries, is not in place for no reason. There is much trade potential with the neighbours, as is evident from one look at India's top 5 export markets.
Three of these are China, Singapore and Hong Kong at position 3, 4 and 5 respectively. And this, despite the fact that there has been a massive decline in exports to these countries in 2012-13. The top two export markets UAE and the US showed small positive growth.
Three of these are China, Singapore and Hong Kong at position 3, 4 and 5 respectively. And this, despite the fact that there has been a massive decline in exports to these countries in 2012-13. The top two export markets UAE and the US showed small positive growth.
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1. Sign up for our e-mail alerts. The option is provided on the top right hand column on the Orbis Economics site.
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