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UAE Country Commercial Guide 2012 - Export.gov

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On March 15, 2004, the United States signed a Trade and Investment Framework Agreement (TIFA)<br />

with the United Arab Emirates to provide a formal framework for dialogue on economic reform and<br />

trade liberalization. TIFAs promote the establishment of legal protection for investors, improvements<br />

in intellectual property right protection, more transparent and efficient customs procedures, and<br />

greater transparency in <strong>gov</strong>ernment and commercial regulations. Through this process, the United<br />

States Government can identify potential partners for further trade cooperation, such as free trade<br />

agreements (FTA).<br />

The United States began negotiating a Free Trade Agreement with the <strong>UAE</strong> in March 2005. In early<br />

2007, the United States and the <strong>UAE</strong> announced that they would not be able to complete FTA<br />

negotiations under the existing time frame for trade promotion authority, but that both sides remain<br />

committed to completing FTA negotiations at a later date. No further FTA negotiations have taken<br />

place. In <strong>2012</strong>, the United States and United Arab Emirates began the U.S.–U.A.E. Economic Policy<br />

Dialogue, which is expected to enhance TIFA, and provide an additional platform to address irritants<br />

to the bilateral trading relationship.<br />

Web Resources Return to top<br />

US Embassy in Abu Dhabi: http://uae.usembassy.<strong>gov</strong>/<br />

US Consulate in Dubai: http://dubai.usconsulate.<strong>gov</strong>/<br />

State Department Visa Website: http://travel.state.<strong>gov</strong>/visa<br />

United States Visas.<strong>gov</strong>: http://www.unitedstatesvisas.<strong>gov</strong>/<br />

Emirates Authority for Standardization and Metrology (ESMA): http://www.esma.ae<br />

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