The EU and UAE have commenced talks on a bilateral free trade agreement, aiming to enhance trade in goods, services, and strategic sectors, marking a significant milestone in EU-Gulf relations.
The European Union (EU) and the United Arab Emirates (UAE) have officially commenced negotiations for a bilateral free trade agreement, marking a significant step towards the first comprehensive EU trade deal in the Gulf region.
This initiative, referred to as a Comprehensive Economic Partnership Agreement (CEPA), aims to liberalize trade in goods, services, and investment, while enhancing cooperation in strategic sectors such as renewable energy, green hydrogen, and critical raw materials.
The EU is the UAE's second-largest trading partner, accounting for 8.3% of the Emirates' non-oil trade, valued at approximately $68 billion in 2024 .
This bilateral approach follows the suspension of broader EU-Gulf Cooperation Council (GCC) trade negotiations in 2008, highlighting a shift towards more targeted agreements with individual Gulf nations.
The negotiations are set to begin next week, with both parties expressing optimism about the potential for strengthened economic ties and mutual growth.
Israel has launched a pre-emptive missile strike against Iran, the Defence Minister said on Saturday, as the military sounded air raid sirens to prepa...
Cuba has released extensive details of a deadly midweek shootout at sea, showing rifles, pistols and nearly 13,000 rounds of ammunition that it says w...
Afghanistan’s Taliban rulers said on Friday (27 February) they were ready to negotiate after Pakistan bombed their forces in several Afghan cities, ...
Tensions between the U.S. and Iran are escalating, with Washington ordering a significant military build-up in the region and multiple countries evacu...
Two people were killed and around 40 injured when a tram derailed in central Milan on Friday (27 February), a spokesperson for the local fire service ...
Tensions between the U.S. and Iran are escalating, with Washington ordering a significant military build-up in the region and multiple countries evacuating diplomatic staff amid fears of further instability.
Speaking during a closed-door deposition in New York on Thursday (February), former U.S. Secretary of State Hillary Clinton said she did not “recall” ever meeting the late sex offender Jeffrey Epstein and had “no knowledge of his crimes”.
Pakistan’s declaration of an “open war” with Afghanistan must be understood in the context of months of escalating violence, regional analysts have said, describing the latest developments as a significant shift in the nature of the conflict.
Iran’s Foreign Minister Abbas Araghchi on Friday urged Afghanistan and Pakistan to resolve their differences through dialogue, offering Tehran’s assistance to facilitate understanding between its eastern neighbours.
Tensions between the U.S. and Iran are escalating, with Washington ordering a significant military build-up in the region and multiple countries evacuating diplomatic staff amid fears of further instability.
The situation in Cuba was heating up and called for restraint following a deadly incident involving a Florida-registered speedboat off the coast of the Caribbean island, the Kremlin said on Thursday (26 February).
Israel has launched a pre-emptive missile strike against Iran, the Defence Minister said on Saturday, as the military sounded air raid sirens to prepare the public for possible retaliation.
Russian President Vladimir Putin’s special envoy, Kirill Dmitriev, arrived in Geneva and may hold talks with U.S. officials, according to the RIA news agency.
Ankara has rejected media reports claiming it plans to deploy military forces into Iranian territory in the event of a U.S. attack on the Islamic republic.
Cuba has released extensive details of a deadly midweek shootout at sea, showing rifles, pistols and nearly 13,000 rounds of ammunition that it says were carried by a group of exiles who attempted to enter the island by speedboat.
Afghanistan’s Taliban rulers said on Friday (27 February) they were ready to negotiate after Pakistan bombed their forces in several Afghan cities, including Kabul and Kandahar, and Islamabad declared the neighbours were now in "open war".
Tensions between the U.S. and Iran are escalating, with Washington ordering a significant military build-up in the region and multiple countries evacuating diplomatic staff amid fears of further instability.
Two people were killed and around 40 injured when a tram derailed in central Milan on Friday (27 February), a spokesperson for the local fire service said.
Colombia’s commerce minister, Diana Marcela Morales, has said she will propose raising tariffs on certain Ecuadorian goods from 30% to 50%, as a trade dispute between the neighbouring countries intensifies.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment