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The United Arab Emirates (UAE) is home to 9.8 million people. It ranks among the world’s richest in terms of per capita wealth. According to the International Monetary Fund in 2020, the UAE had a gross domestic product (GDP) of $421 billion, and a per capita spending level in line with that of developed economies, $35,000.

The United States is one of the top three leading suppliers of imported consumer oriented agricultural products to the United Arab Emirates (UAE) with a total of $737 million in 2020, a 29.8 percent decrease from 2019 due to the novel coronavirus (COVID-19) outbreak.

The Gulf Cooperation Council (GCC) is a regional political and economic treaty organization comprised of the Arabian Gulf nations of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

The United Arab Emirates (UAE) will introduce a new excise tax targeting sweetened drinks beginning December 2019.