India-Kuwait Trade Boom Promises Economic Transformation for Developing Nations
The article discusses how international trade is crucial for countries like India and Kuwait to grow economically. It looks at how their trade relationship has evolved over the years, showing both increases and decreases in exports and imports. India and Kuwait, both developing nations, have untapped potential to expand their trade in various sectors like agriculture and industry through technology transfer and partnerships. Challenges include issues like imbalances in payments and the influence of richer countries' policies. The idea of cooperation between developing nations might help create a fairer global economic system. In summary, the article explores the trade potentials, challenges, and opportunities between India and Kuwait in the larger context of global economics.