EU, UAE Begin Free Trade Agreement Negotiations
The EU and the United Arab Emirates formally launched negotiations on a free trade agreement, the European Commission announced this week. Their first meeting, set to begin as early as next month, will center on "reducing tariffs on goods and facilitating services, digital trade and investment flows," the commission said. The negotiations also will look into ways to boost trade in strategic sectors. The UAE is the EU's 19th-largest trading partner in goods.