The GCC was established in May 1981. Its members are Saudi Arabia, Bahrain, Kuwait, Oman, Qatar and the UAE
Key commodities that are exported to Australia are gold jewellery (plain and studded) and polished diamonds. The main commodities imported from Australia include precious metals -- gold and silver bars.
Federation of Indian Export Organisations (FIEO) also said the government initiatives are helping the country record a healthy growth rate in exports
Federation of Indian Export Organisations (FIEO) had shared with the Directorate General of Foreign Trade (DGFT) in March that Indian exporters have payments of about $400-500 million pending in Russia.