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Sunday, November 29 - 2009

US-UAE FTA on ice

  • United Arab Emirates: Sunday, February 18 - 2007 at 12:43

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.

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