Changing Dynamics Of International Trade Relations Between Gcc , East African Nations And India:

Abstract

International trade is one of the most significant aspects of economic growth and prosperity that has helped the world to develop economically over the years. With increasing economic globalization and the advent of international trade agreements,
countries have realized the benefits that accrue from participating in international trade. The Gulf Cooperation Council (GCC) countries, East African nations, and India are among the regions that have increased their engagement in international trade in recent years. The GCC countries are a regional intergovernmental organization that includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). The East African region comprises countries such as Djibouti, Eritrea, Kenya, Seychelles, Somalia, Sudan, Tanzania, and Uganda. India, on the other hand, is a country in South Asia with a booming economy that is actively engaging in international trade. This paper aims to explore the trade relations between the GCC countries, East African nations, and India. It seeks to investigate the nature of trade between the regions, identify trade patterns, and examine the implications of trade on economic growth, competitiveness, and development in the regions.