A free trade agreement (FTA) between India and the UAE would help increase bilateral trade flow between the two countries, a top Non-Resident Indian businessman said.
Indian Business Leaders Forum, or IBLF, said it will make an all-out effort to see that a Free Trade Agreement between the UAE and India becomes a reality in the coming months.
UAE companies that have invested in Egypt may stand to lose millions of dollars as the state runs an investigation into alleged corruption by former government officials who sold land and assets to investors below market prices, lawyers say.
Damac Properties is to fight the conviction of its chairman on Egyptian corruption charges by filing a case with the International Center for Settlement of Investment Disputes (ICSID), the company announced yesterday.
Swedish officials have expressed their country’s desire for wider trade and investment relations with the UAE and for a stronger presence in the Gulf country for Swedish businesses seeking to further expand into the whole Gulf region.
Dato’ Mohd Razif Deputy Governor of Bank Negara Malaysia (BNM) said that Malaysia has ample investment opportunities in various fields and can become a gateway for Emirati investors to access Asian Markets, expressing his resolve to open joint ventures between Malaysia and United Arab Emirates to enhance economic and trade ties between them.
South Korea said on Sunday it had signed an enhanced economic cooperation agreement with the UAE as the two get set to mark their 30-year relationship anniversary next year.
The United Arab Emirates (UAE) has proposed to Indonesia to enter into a Free Trade Agreement (FTA) with the Gulf Cooperation Council (GCC), Indonesian Ambassador to the UAE M Wahid Supriyadi said.
South Korea’s investments into the UAE will rise by 400 per cent while trade volume will expand by 50 per cent in next one year, once the free trade agreement is signed between the GCC and Seoul, a senior official said.
Pakistan has sought market access from Canada and help from UAE for early completion of Free Trade Agreement with Gulf Cooperation Council.
Imposing a value added tax (VAT) on GCC and Arab products in the UAE would be against the agreements signed by the country with other Gulf and Arab states, according to the Ministry of Economy.
A UAE-Japan FTA should focus on bridging the gap in trade between the two sides and encourage Japan to pump more investment into the UAE to enable it to acquire technology, which is needed for its economic diversification programme, said the Emirates Centre for Strategic Studies and Research.
Minister of Foreign Trade Sheikha Lubna Al Qassimi said on Tuesday that she hoped the UAE would soon sign a free trade agreement (FTA) with the US.
A $1 billion lawsuit between Tecom Investments and a US company could hinder free trade talks between the US and the UAE, a US Congressional document shows.
The UAE has taken a second route to an FTA with the US after failing to meet the time frame originally established by the Trade Promotion Authority granted by Congress: the Tifa-Plus (Trade and Investment Framework Agreement) process, which provides a framework for further discussions on the FTA and on short-term issues.
The United States has not dropped the ball on a free-trade agreement with the UAE, Sheikha Lubna Al Qasimi, Minister of Foreign Trade, told delegates at the Middle East-Asia Leadership Forum in Dubai.
The Singapore-UAE bilateral FTA talks have been abandoned for a broader GCC-Singapore FTA. The negotiations were progressing for some time but now they have shifted to the GCC level and we are about to sign an agreement.
The third round of talks for a possible free trade agreement (FTA) between the UAE and Australia is likely to take place next month
Negotiations for a free trade agreement between the US and the UAE will not be resumed under the current US administration, according to the US Trade Representative office
A top United States official on a two-day visit to the UAE has indicated the Free Trade Agreement (FTA) between the two countries is likely to be delayed further.