US-UAE FTA on ice
AME Info
United Arab Emirates
Sunday, February 18 2007
US-UAE FTA on ice
Talks between the US and the UAE over a free trade agreement have been suspended after both parties failed to agree on how the Gulf state would open up its markets to US investors and banks, reported Bloomberg.
The FTA will now miss the March 31 deadline set up by Congress for the deal to be considered under President George W. Bush’s trade negotiating authority.