Bilateral deal-making involving governments of West Asia.
Photo: tbz.foto / CC BY-NC-ND 2.0
US ambassador to Qatar Chase Untermeyer said Tuesday the Free Trade Agreement (FTA) between Washington and Doha has not yet reached the official negotiations’ stage, but he brushed aside reports suggesting that FTA talks were frozen.
The United States expects to finalize a new trade agreement with Lebanon by the end of November, marking progress in Beirut’s stalled bid for membership in the World Trade Organization (WTO). Viewed as a prelude to a bilateral free-trade agreement between the two countries, the new Trade and Investment Framework Agreement (TIFA) should eventually lead to Lebanon’s ascension to the WTO, US Ambassador Jeffrey Feltman said in a speech at a dinner hosted by the Lebanese American Chamber of Commerce on Friday.
The southern Province of Basra now has a free-trade zone with neighboring Iran, signaling yet another boost in commercial ties.
In keeping with the global trend, it is free trade agreement (FTA) talks galore in the Gulf. Apart from a deal with Lebanon, the Gulf Cooperation Council (GCC) countries are collectively and individually negotiating FTAs with the United States, European Union and India at present.
Qatari Energy Minister Abdullah Al-Attiyah met with US officials in Washington this week to boost stalled talks on a possible free trade agreement (FTA) between the two countries
Iraq’s new government plans to start immediately negotiating a trade and cooperation deal with the European Union, its foreign minister said Monday hailing a "new chapter" in ties with the bloc.
The US ambassador to Qatar, Chase Untermeyer, has said he hoped that Qatar follows into the footsteps of its GCC neighbours and concludes a free trade agreement (FTA) with his country.
It is premature to say there are problems between Qatar and the US in the discussions towards a Free Trade Agreement (FTA), US Assistant Secretary of State for Near Eastern Affairs C David Welch said yesterday.
Qatar has frozen bilateral free trade talks with the United States, saying Washington was imposing preconditions that were not in Doha’s interest.
Iran and Cuba also have plans to finalize a preferential trade agreement to boost mutual trade exchange.