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The UAE Free Trade Agreement negotiation council held a meeting yesterday in Abu Dhabi to discuss preparations for the first round of negotiations with the United States to be held next week.
The meeting with the councils sub-teams was co-chaired by Dr Mohammad Khalfan Bin Kharbash, UAE Minister of State for Finance and Industry, and Shaikha Lubna Al Qasimi, Minister of Economy and Planning.
“The aim of this meeting was to unify the UAEs position on various trade-related matters for the forthcoming rounds of negotiations with the US,” said Dr Kharbash.
“The UAEs position on these matters has come about as a direct result of discussions held between the negotiation sub-teams and both the public and the private sectors.”
He said all recommendations of both the public and private sectors and the consultants appointed to support the UAE negotiating initiative were put forward at the meeting, ensuring that all sectors affected by the agreement were properly heard.
Dr Kharbash stressed the councils sub-teams will hold intensive meetings and negotiations with other sectors in the country after the end of the first round of negotiations with the US, where they will be able to discuss the outcome and express their opinions.
“The signing of the Free Trade Agreement has become an essential step for those aiming to expand their markets. The FTA with the US will enable the UAE to compete in international markets and benefit from the transfer of modern technology and