(MENAFN) A report by the foreign direct investments (FDL) intelligence said that emerging markets and states in transition showed a 60.5 percent of the FDL flows and 54 percent of cross-border merges and acquisitions last year, Saudi Gazette reported
According to the report, global emerging markets are expected to grow 50 percent by 2019, with China expanding its role in FDI and foreign trade relations in the emerging world
In another note, UAE Minister of Economy encouraged the emerging markets to contribute in political stability, good governance and to remove legal obstacles which block and limit the foreign trade and foreign direct investment
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