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India was the world’s largest importer of major arms in the period 2012-2016.
The UAE is part of a US-led coalition which has carried out hundreds of air raids against the Islamic State in Iraq and Syria.
German Chancellor Angela Merkel said that both sides must abide by the Minsk Protocol.
January's inflation was at 1.8 per cent - a 30-month high, which is discouraging retail sales.
Chinese FM Wang Yi said China and Europe should safeguard trade and investment liberalization and facilitation.
Currencies and stocks also gained in most of the tracked 26 emerging economies.
Russia says it wants to sign a peace treaty before resolving the Kuril Islands dispute.
US President Donald Trump has pledged to send arms to assist the Nigerian army to defeat the terrorist group.
The Munich-based Center for Economic Studies has been forecasting global growth since 1981.
Oil prices jumped since OPEC members and non-OPEC producers agreed to significant cuts in production output.