The United Arab Emirates is a party to several multilateral and bilateral trade agreements, including with GCC partner countries. Under the GCC, the United Arab Emirates enjoys close economic relations with Saudi Arabia, Kuwait, Bahrain and Oman, which means that the United Arab Emirates shares a common market and customs union with these nations. Under the Arab Free Trade Area (GAFTA) agreement, the United Arab Emirates has free access to Saudi Arabia, Kuwait, Bahrain, Qatar, Oman, Jordan, Egypt, Iraq, Lebanon, Morocco, Morocco, Tunisia, Palestine, Syria, Libya and Yemen. Includes websites and other resources that allow U.S. companies to get more information about how they can use these agreements. The United States signed a framework trade and investment agreement with the United Arab Emirates in 2004 to create a formal framework for dialogue on economic reforms and trade liberalization. TIFA encourages the creation of legal protection for investors, improved protection of intellectual property rights, more transparent and effective customs procedures, and greater transparency of government and trade rules. Through this process, the U.S. government can identify potential partners for continued trade cooperation, such as free trade agreements (FAs).
According to the Federal Customs Authority (FCA), the United Arab Emirates has also signed agreements with the following countries: Islamic Republic of Pakistan (2006), Algerian Republic (2007), Republic of Azerbaijan (2011), Republic of India (2012) Republic of Kazakhstan (2012), Republic of Argentina (2013), Republic of Armenia (2013), Republic of Maldives (2014), Republic of South Korea (2015) and Kingdom of the Netherlands (2015). In June 2009, the GCC signed a free trade agreement with the European Free Trade Area (ETFA) (Iceland, Liechtenstein, Norway and Switzerland), which was implemented in July 2015. The United States began negotiating a free trade agreement with the United Arab Emirates in March 2005. In early 2007, the United States and the United Arab Emirates announced that they could not conclude free trade negotiations within the timeframes for the trade promotion authority, but that both sides would continue to work towards the subsequent conclusion of free trade negotiations. There have been no further negotiations for a free trade agreement. During its relatively short lifespan, bilateral agreements on technical and administrative cooperation in the field of customs are one of the main thrusts of the ACF`s regional and international act. With respect to this issue, the ACF departs from the fact that it is the official federal customs authority that deals with customs issues, 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 area of customs are among the main agreements highlighted by the World Customs Organization for several reasons and, in addition, the United Arab Emirates has been a member of the WTO since April 1996, you are a member of the Gulf Cooperation Council and the main trading hub in the region.
The United Arab Emirates benefits from the free trade agreements signed between the GCC and EFTA, as well as the GCC and Singapore. The United Arab Emirates is also a signatory to the Large-scale Free Trade Agreement (GAFTA). The United Arab Emirates also signs the World Trade Organization(WTO) Information Technology Agreement (ITA), a treaty that binds 78 countries (which account for 97% of world trade in computer products), which aims to eliminate tariffs on computer products. The many products covered by the treaty are estimated at more than $1.300 billion per year. The Government of Abu Dhabi has established the Advisory Committee on Free Trade Agreements, which aims to lift trade restrictions between the Emirate of Abu Dhabi and the countries with which the United Arab Emirates is negotiating a free trade agreement. In recent years, the Arab Emirates
