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UAE-Japan to benefit from FTA
UAE, Australia discuss FTA, economic relations
Lubna Al Qasimi, Australian official discuss developments of GCC-Australian free trade talks
UAE-US review progress on FTA talks
US-UAE economic relations extraordinary, strong: US Treasury Dept. Undersecretary
UAE-Algerian joint committee meeting concludes
UAE Minister of Economy builds bridges to U.S trade associations
Informal US-UAE trade talks to go on
UAE banks will gain from US free-trade deal delay
Mandelson sees FTA this year
DCCI discusses upgrading economic and commercial ties with US
UAE-US free trade talks make progress
UAE pushing for EU-Gulf free trade pact
UAE weighs price of trade pact with US
UAE-US trade talks next month

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UAE-Japan to benefit from FTA
Posted on 24/06/2008

The UAE needs to offer concessions to Japan to sign a free trade agreement (FTA) and ensure that both countries would benefit from the deal, according to a prominent UAE think-tank centre. The 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 (ECSSR). In a new book ...  >>MORE



UAE, Australia discuss FTA, economic relations
Posted on 10/06/2008

Minister of Foreign Trade Sheikha Lubna bint Khalid Al Qasimi and Australian Minister for Foreign Affairs and MP Stephen Smith discussed bilateral relations between their two countries. At a meeting held in Abu Dhabi in presence of Australian Ambassador to the UAE Jeremy Bruer, the two sides reviewed the latest developments in free trade talks between Australia and the Gulf Cooperation Council (GCC). The two sides underscored the significance of a free trade agreement for wider economic, ...  >>MORE



Lubna Al Qasimi, Australian official discuss developments of GCC-Australian free trade talks
Posted on 20/11/2007

Sheikha Lubna bint Khalid Al Qasimi, UAE Minister of Economy discussed in Abu Dhabi yesterday with David Spencer, Australian Chief Negotiator of the Free Trade Agreement, developments on the talks between Gulf Cooperation Council (GCC) and Australia on the free trade agreement. The two officials discussed issues, which will be tackled during the next round of talks between the GCC and Australia, on Tuesday in the Saudi Arabian capital, Riyadh. Lubna stressed the need to reach free trade ...  >>MORE



UAE-US review progress on FTA talks
Posted on 30/10/2007

Progress on UAE-US free trade talks, economic relations and possibility of establishing joint investment ventures were the focus of discussions yesterday between Sheikha Lubna Bint Khalid Al Qasimi, Minister of Economy, and visiting US Treasury Under Secretary for International Affairs David H. McCormick. Sheikha Lubna told her guest that current investment environment in terms of legislations and opportunities were conducive to attracting more US capital to the UAE. The US official commended ...  >>MORE



US-UAE economic relations extraordinary, strong: US Treasury Dept. Undersecretary
Posted on 30/10/2007

The United States and the United Arab Emirates maintain an already extraordinary and strong economic relationship and both countries are certainly committed to further integration in the future, stressed U.S. Treasury Undersecretary for International Affairs David McCormick. Speaking to reporters at a press briefing yesterday at the US Embassy in the UAE capital city of Abu Dhabi, McCormick expressed hopes that the United States and the UAE would conclude a Free Trade Agreement (FTA). He ...  >>MORE



UAE-Algerian joint committee meeting concludes
Posted on 14/06/2007

The fifth meeting of the Joint UAE-Algerian Ministerial Committee concluded in yesterday with a renewed commitment by both sides to bolster bilateral cooperation. The two aides signed six agreements that will form a framework for bilateral cooperation. The UAE minister of economy, Sheikha Lubna Al-Qasimi, who signed the agreements for the UAE , hailed the success of the fifth session, saying the six agreements would reinforce bilateral ties. "As we end the fifth session of joint committee, I ...  >>MORE



UAE Minister of Economy builds bridges to U.S trade associations
Posted on 19/03/2007

Washington, DC - At a private breakfast hosted by the National U.S.-Arab Chamber of Commerce (NUSACC), Lubna Al Qasimi, UAE Minister of Economy and Planning, met with a high-level group of trade association leaders to discuss the importance of commercial relations and dialogue. Sheikha Lubna noted that the UAE serves as the "number one export destination for the United States in the Arab world' and that the UAE provides access to "one billion consumers through our nation's seaports and ...  >>MORE



Informal US-UAE trade talks to go on
Posted on 12/03/2007

Free trade negotiations between the UAE and the US have stalled, but the two countries will continue informal discussions to reach a deal in the future, an American official said. US and UAE officials were hoping to conclude a free trade agreement (FTA) by March 31 as the Bush White House's trade promotion authority expires at the end of June. "Right now there is a pause in negotiations... [it is] a stock taking moment," US under-secretary for international trade Franklin Lavin said ...  >>MORE



UAE banks will gain from US free-trade deal delay
Posted on 11/03/2007

The likely inability of the UAE and the US to complete a free trade agreement (FTA) during the presidency of George W Bush will give local banks breathing space to strengthen their balance sheets and meet competition more effectively, analysts said. According to a report by the Dubai Chamber of Commerce and Industry, an FTA with the US will result in American investment in the UAE banking industry, with US-based banks strengthening their presence here. "An FTA is expected to facilitate ...  >>MORE



Mandelson sees FTA this year
Posted on 26/02/2007

The free trade agreement (FTA) between the GCC countries and the European Union is expected to be signed this year, a top EU official said yesterday. Peter Mandelson, the European Union Trade Commissioner, said that the EU is showing more flexibility on rules of origin and looks forward to speeding up the discussions. "We are approaching the final stage of the negotiations and I hope to end in success by the end of this year. I am optimistic that an agreement could be reached between the GCC ...  >>MORE



DCCI discusses upgrading economic and commercial ties with US
Posted on 15/02/2007

"The US is quite interested in luring foreign businesses and tourists from the UAE and that is why we have informed our consulate and embassy in the UAE to facilitate the issue of visas and other immigration and travel laws are effective, in addition to ensuring the best security for travellers and businessmen," said US Undersecretary of State for Management Henrietta Holsman-Fore. The US official made her remarks at a meeting yesterday with Obaid Humaid Al Tayer, Chairman of Dubai Chamber ...  >>MORE



UAE-US free trade talks make progress
Posted on 13/02/2007

Free Trade Talks between the UAE and the United States have achieved progress in many aspects, notably in the areas of standards, environment, e-commerce, penetration to markets and copyrights. According to a statement issued Monday by the Ministry of Finance and Industry, the two sides will build on the progress made so far to clear the rest of the hurdles. "The two sides have agreed to redouble efforts to resolve the outstanding issues, notably issues related to digital economy and ...  >>MORE



UAE pushing for EU-Gulf free trade pact
Posted on 06/02/2007

The UAE is pushing for the signing of the free trade agreement (FTA) between the European Union and the Gulf countries soon, according to top officials. "During my last visit to Geneva I have met with the EU's trade commissioner, Peter Mandelson, who will visit the GCC countries very soon to give a push to the talks, as both parties feel it needs to be signed sooner than later," Sheikha Lubna Al Qasimi, UAE Minister of Economy, told Gulf News. In her meeting with the German Chancellor Angela ...  >>MORE



UAE weighs price of trade pact with US
Posted on 05/02/2007

The UAE is considering whether to make concessions to the United States and win a market of 300 million consumers in a free trade pact that has eluded both countries for nearly two years. Several rounds of negotiations on the free trade agreement (FTA) have failed to produce a deal. Washington promised to open up its markets to UAE exports to ease a widening trade deficit and support Abu Dhabi's bid to acquire technology needed for an ongoing programme to diversify its economy and lessen ...  >>MORE



UAE-US trade talks next month
Posted on 24/01/2007

The UAE and US negotiators will meet next month to resolve contentious issues that are delaying a free trade agreement between the two countries. Dr Mohammad Khalfan Bin Kharbash, UAE Minister of State for Financial and Industrial affairs, said yesterday the two sides are at present discussing labour, market access, investment protection, and issues related to the services and communications sectors. "Some of the chapters are closed. We are currently working on four chapters," he said in ...  >>MORE

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