India and the UAE are looking at ways to further expand the rupee-dirham trade, as it would have a “huge” impact on bilateral trade, Commerce and industry Minister Piyush Goyal said .
He also said it will help the two countries in making remittances flow from the UAE to India at a lower cost.
“We have looked at further expanding the rupee-dirham trade, which has been operationalised with the efforts of the central bank of the UAE and the RBI,” he told reporters.