Tuesday 14 September 2021

#UAE wants quick trade talks, some deals signed in 6-12 months | Reuters

UAE wants quick trade talks, some deals signed in 6-12 months | Reuters

The United Arab Emirates will pursue an aggressive timetable to negotiate broad economic agreements with eight countries it wants to deepen trade ties with, hoping it can wrap up some of those talks within a year, its trade minister said on Tuesday.

The Gulf state, already a hub for global trade, this month announced plans to strengthen trade and economic ties with India, the United Kingdom, Turkey and South Korea, among others.

"We really do hope that ... at least the first ones are going to be concluded within six months to one year. So we are talking about a very aggressive, quick work and quick negotiations," Minister of State for Foreign Trade Thani Al Zeyoudi told Reuters in an online interview.

He did not identify any country.

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