Rupee use in the UAE
The agreement between India and the United Arab Emirates (UAE) to help increase the circulation of the rupee in the Gulf countries, will, if swiftly and promptly executed, mitigate the ordeals of the larger Indian diaspora in the UAE. As it stands, the use and the contribution of the rupee in global trade is meagre. India must now ensure that irritants in relations with the UAE are ironed out and there is a strong bilateral relationship.
The episode where hate speech and unwarranted comments in India almost caused a diplomatic crisis with the Gulf states must not recur.
