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A Global Investment Hub

GCC Free Trade Agreements Support the UAE's Top Global Rankings

The UAE has signed GCC Free Trade Agreements with several countries and trade groups across the world to enhance its position as a global trade hub and major destination for investments. It also seeks to increase Emirati exports, improve competitiveness in foreign markets, regulate competition, reduce trade barriers facing national products, boost its investments abroad, and protect intellectual property rights. This also covers tariff barriers, trade services, investments, intellectual property rights, dispute settlement, investment in manufacturing sectors, and protection of property rights to prevent trafficking of counterfeit products. The UAE, within the GCC framework, has signed GCC Free Trade Agreements with many countries including New Zealand, Singapore, and EFTA countries. Negotiations are currently underway with several countries and trade groups, including the European Union, Japan, China, Korea, Australia, Pakistan, India, Turkey, and the Mercosur member countries (Argentina, Brazil, Paraguay and Uruguay).

Benefits of GCC Free Trade Agreements

Benefits of Free Trade Agreements

Reduce customs duties, allowing an increase in the trade exchange volume

Increase the volume of investments to ensure greater business opportunities

Improve market access for local and service products

Greater guarantee of the rights of investors and service providers, and ensure transparency in transactions

Protect property rights, patents and trademarks

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GCC Free Trade Agreements

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01
Free Trade Agreement between the Gulf Cooperation Council (GCC) and the European Free Trade Association (EFTA) States
02
GCC-Singapore Free Trade Agreement (GSFTA)
03
The Arab Framework Agreement of Liberalization of Trade in Services Among Arab Countries
04
Agreement on the Establishment of Free Trade Area between the UAE Government and the Sudanese Government
05
Agreement on the Establishment of Free Trade Area between the UAE Government and the Iraqi Government
06
Agreement on the Establishment of Free Trade Area between the UAE Government and the Lebanese Government
07
Agreement on the Establishment of Free Trade Area between the UAE Government and the Moroccan Government
08
Agreement on the Malaysian Committee for Trade Cooperation
09
Agreement to Facilitate and Develop Trade Among Arab Countries (by the Arab League)
10
The Declaration of Greater Arab Free Trade Area (GAFTA) (In accordance with the Agreement for Facilitation and Promotion of Trade among Member Countries – the Arab League)
11
Greater Arab Free Trade Area (GAFTA) Agreement
12
Agreement on Trade in Services among the Arab Countries

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