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 Free Trade Agreements

​UAE and the new generation of FTA in the framework of the GCC

The UAE has always looked to strengthen its trade and economic relations with other nations on basis of mutual benefits and strategic partnership. To  this end, the UAE, within the frame work of the GCC, has engaged in negotiations with a number of nations around the world to conclude free trade agreements in order to enhance the UAE  positions as trade hub and investment destination. The status quo of these trade negotiations is as follows:

 

Agreement Name

Number of Rounds

Status

GCC -EU

24 rounds

On Going

GCC-Mercosur

2 rounds Negotiations was lunched in Oct 2006

On Going

 GCC-Japan

3 rounds Negotiations was lunched in Sep 2006

On Going

GCC-China

9 rounds Negotiations was launched in Apr 2005

On Going

GCC-South Korea

3 rounds Negotiations was launched in July 2008

On Going

GCC-Australia

4 rounds Negotiations was lunched in July 2007

On Going

GCC-New Zealand

6 rounds Negotiations was launched in July 2007

Signing By Initials

GCC-Pakistan

2 rounds Negotiations was launched in Feb 2006

On Going

GCC-India

2 rounds Negotiations was launched in Mar 2006

On Going

GCC-Turkey

4 rounds Negotiations was launched in Nov 2005

On Going

GCC-Singapore

4 rounds Negotiations was launched in Jan 2007

Signed on Dec 2008

GCC-EFTA

5 rounds Negotiations was launched in Jun 2006

Signed on Jun 2009