Huge untapped potential to expand trade ties between India and Gulf region: MEA official

There is a huge potential to expand economic engagement between India and the Gulf region including through diversification of the trade basket beyond hydrocarbons, a senior official of the Ministry of External Affairs (MEA) said on Wednesday.

Secretary in the MEA Sanjay Bhattacharyya, in an address at a seminar, also said both sides can explore forging of partnerships to develop oil and gas reserves in various parts of India.