Barter is the present and the future of international trade, especially for people who is starting in the import export business. Barter and more: Triangular operations.
Department of Economic Development exposed yesterday, the value of Abu Dhabi's foreign trade increased by 37.6 per cent in 2011 to Dh532.9 billion (US$145.09bn), accounting for 66 per cent of its GDP for the year.
Exports grew by 38.5 per cent as imports rose 34.4 per cent, the DED's report Investment and Commodity Exchange through the Outlets of Abu Dhabi revealed.
The DED said in a statement, the increase in foreign trade supports the emirate's "economic development, modernisation and implementation of various economic plans" and "raises GDP, and contributes to the expansion and diversification of production".
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