Australia: Australia and the United Arab Emirates Announce Trade Agreement Negotiations Have Concluded

  |   Attaché Report (GAIN)   |   AS2024-0020

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Australia: Australia and the United Arab Emirates Announce Trade Agreement Negotiations Have Concluded
Australia and the United Arab Emirates announced that negotiations on a new trade agreement, the Australia-United Arab Emirates Comprehensive Economic Partnership Agreement, have concluded. Over 99 percent of Australian products will enter the UAE tariff-free. The deal will benefit Australian farmers and food producers, with estimated tariff savings of $50 million AUD ($33 million USD) annually on food and agriculture exports. Australia and the UAE are working to formalize the legal treaty text in preparation for signing later this year.
Trade Policy, Trade Agreements
East Asia and the Pacific, Australia, Near East, United Arab Emirates

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