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The discovery of oil allowed the UAE to increase and diversify its trade relations with India.
In 2008-09, India emerged as the largest trade partner of the UAE with bilateral trade between the two countries exceeding US $ 44. 5 billion.
During the first half of 2010, non-oil trade between India and the UAE stood at US $ 20. 4 billion.
UAE is home to more than 1. 75 million Indian expatriates, making Indians the second largest ethnic group in the Arab nation.

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