UAE, Georgia Sign FTA

The United Arab Emirates and Georgia signed a new free trade deal, which will reduce tariffs and other trade barriers, Arab News, a Saudi Arabian newspaper, reported March 17. The agreement, reached after three rounds of negotiations, ​​"signals our ambition to build a truly global network of trade partners in strategically important parts of the world,” said Thani bin Ahmed Al Zeyoudi, UAE’s foreign trade minister, according to the report. He said the Georgia deal “holds considerable promise for our exporters.”