The Middle East region plays a vital role in India's economy as it supplies nearly two-thirds of India's total oil import, bilateral trade is also flourishing in recent years particularly with UAE and other Arab states of the Persian Gulf. Over the years, millions of Indians mostly working class have migrated to the Persian Gulf region looking for jobs and they account for a sizeable share in the total remittances received from abroad.Indian External Affairs Ministry refers the region as West Asia and not as Middle East which is a more popular attribution, particularly in the Western countries.
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