United Arab Emirates
Trade Policy Review: United Arab Emirates 2012
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member’s major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of the United Arab Emirates.
Trade Policy Review: United Arab Emirates 2016
“Trade Policy Reviews” analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - “key trade facts” - provides a visual overview of the WTO member's major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of the United Arab Emirates.
Trade Policy Review: United Arab Emirates 2022
“Trade Policy Reviews" analyse the trade policies and practices of each member of the WTO. The reviews consist of three parts: an independent report by the WTO Secretariat, a report by the government, and the concluding remarks by the Chair of the WTO’s Trade Policy Review Body. The opening section - "key trade facts" - provides a visual overview of the WTO member's major exports/imports, main export destinations, origins for its imports and other key data. This edition looks into the trade practices of the United Arab Emirates.
Introduction
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT contracting parties in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
Report by the WTO Secretariat
The UAE’s trade regime is open, with low tariffs and few non-tariff barriers to trade. The UAE’s openness was instrumental in achieving the solid growth registered prior to the global crisis and has facilitated the diversification of economic activity. The investment regime remains considerably more restrictive than the trade regime, as foreign participation in any domestic company or activity is limited to 49% of the capital; however, 100% foreign ownership is allowed in any of the UAE’s free zones.
Report by the United Arab Emirates
Successive developments in the economy of the United Arab Emirates, and the adoption of free market policies and regulations, have led to impressive growth rates and a trend towards sustainable and diversified development.
Concluding Remarks by the Chairperson of the Trade Policy Review Body, H.E. Mr. Eduardo Muñoz Gómez at the Trade Policy Review of the United Arab Emirates 27 and 29 March 2012
This second Trade Policy Review of the United Arab Emirates has given us a much better understanding of the recent developments in its trade and trade-related policies and practices together with the future challenges that it faces. We are grateful for the active participation of the Emirati delegation headed by H.E. Sheikha Lubna Bint Khalid Al Qasimi, Minister of Foreign Trade. I would also like to thank the discussant, Mrs. Reenat Sandhu, Deputy Permanent Representative of India and Members of the TPRB for contributing to our fruitful exchange of views.
Preface
The Trade Policy Review Mechanism (TPRM) was first established on a trial basis by the GATT CONTRACTING PARTIES in April 1989. The Mechanism became a permanent feature of the World Trade Organization under the Marrakesh Agreement which established the WTO in January 1995.
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