Free Trade Agreement Uae

The United States began a free trade agreement (FTA) in March 2005. In early 2007, the United States and the United Arab Emirates announced that they would not be able to conclude the FTA negotiations within the time limit set for the Trade Promotion Authority, but that both sides remain committed to concluding the FTA negotiations at a later date. No further FTA negotiations have taken place. During their relatively short duration, bilateral agreements on technical and administrative cooperation in the customs field constitute one of the main axes of the regional and international acts of the ACF. With regard to this issue, the ACF departs from the fact that it is the official Federal Customs Office responsible for customs affairs, not to mention international obligations as an active member of the World Customs Organization, the World Trade Organization and the international community. Mutual technical and administrative cooperation agreements in the customs field are among the main agreements highlighted by the World Customs Organization for several reasons, including: in 2012, the United Arab Emirates, as a member of the Gulf Cooperation Council (GCC), was a party to the Framework Agreement between the United States and the GCC for trade, the economy, investment and technical cooperation. . . .