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Thursday, April 25, 2024

Intra Mena Trade set to Double by 2020

Intra Mena Trade set to Double by 2020
Intra Mena Trade set to Double by 2020

(Dubai) – Intra-regional trade in the Middle East and North Africa (Mena) is expected to see big surge during the current decade, said a senior HSBC executive.
“Intra Mena trade has the potential to double by the end of the decade to $300 billion” said Simon Cooper, Deputy Chairman and CEO, HSBC Middle East & North Africa, at the HSBC Regional Exchange – Mena conference this week. “By building on this opportunity for growing trade, Mena countries can accelerate the development of the non-oil and diversified industries and services necessary for sustainable, long-term economic success.”

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