West Asia

(DP World)

In West Asia, trade and investment agreements have either been pushed by regional blocs or individual powers, such as Israel, Türkiye or the UAE. They primarily serve the interests of the region’s corporations and elites to the detriment of communities and the environment. Although resistance from social movements does exist, it has been less visible than in other regions due to the authoritarian nature of most of the region’s governments.

One of the oldest initiatives is the Greater Arab Free Trade Area or the Pan-Arab Free Trade Area (GAFTA) launched by the Arab League in 1978 and coming into force in 1998. Since 2005 the elimination of almost 100% tariffs on most agricultural and industrial goods among the GAFTA members was enforced. The 18 states that are members are: Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Syria, Tunisia, the United Arab Emirates and Yemen. Comoros, Djibouti, Mauritania and Somalia are candidates for membership.

The Gulf Cooperation Council (GCC) includes Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, the United Arab Emirates, with Yemen participating only in limited GCC affiliated bodies. The GCC has dealt head-on with bilateral free trade agreements (FTA) at various levels. Some of its members, such as Bahrain and Saudi Arabia have signed bilateral treaties with foreign powers like the United States. As a group, the GCC has established FTAs in 2008 with Singapore and the European Free Trade Association (EFTA) and with Pakistan in 2023. The GCC is currently negotiating other FTAs with ASEAN, China, Japan, India, Indonesia, Malaysia, New Zealand, and the UK.

The GCC signed an Economic Cooperation Agreement with the European Union in 1988 and started negotiations on a bilateral free trade agreement in 1990. But those were dropped in 2008 due to the EU’s insistence on political demands, pushed by civil society groups, such as the International Federation for Human Rights. In the UK, civil society groups have criticised the GCC-UK deal under negotiation for ignoring human rights and climate issues.

As part of its strategy to diversify its economy parallel to fossil fuels and consolidate its geopolitical position, the United Arab Emirates (UAE) has pushed aggressively to forge bilateral trade deals, dubbed Comprehensive Economic Partnership Agreements (CEPAs), and investment treaties. It has signed 32 CEPAs with countries spread across different regions and active negotiations are underway. Already an established business and tourism hub, the UAE seeks to consolidate its status as a financial powerhouse and expand into sectors such as clean energy, technology and agribusiness. Food security is a critical geostrategic concern for the UAE, given its reliance on food imports. Through a tightly controlled network of ports and logistics platforms, and new CEPAs, the UAE aims to become a central hub in the global agri-food trading system, where corporations can import and re-export products across Asia, Africa and Europe quickly and duty-free.

In 2025, civil society mobilisation pressured members of the European Parliament to call for an end to negotiations on the EU-UAE trade deal, amid concerns about potential arms sales to the UAE-backed paramilitary force, the Rapid Support Forces (RSF), which has been accused of committing war crimes in Sudan.

Another GCC state pushing for trade deals is Saudi Arabia. In 2025 alone, it signed a trade agreement with South Sudan and investment treaties with Egypt, Syria and Uruguay. It also started negotiations for bilateral investment treaties with India and Hong Kong, as well as an FTA with Thailand. Meanwhile, Oman signed an FTA with the US in 2006 and another with India in 2025.

Iran only signed a free trade agreement with the Eurasian Economic Union (EAEU) in 2025, and maintains preferential trade agreements with Türkiye and Pakistan.

Israel has signed FTAs with countries or regional blocks such as: Canada, Colombia, Costa Rica, Guatemala, EFTA, the EU, Jordan, Mercosur, Mexico, Panama, South Korea, Türkiye, Ukraine, the UAE, UK, US and Vietnam. Negotiations are ongoing with Bahrain, China, India, Moldova, Serbia. It is also exploring possibilities with Australia, Japan and Thailand. Israel uses trade agreements to expand the sphere of influence of its transnational corporations, most of which have grown out of the illegal occupation of Palestine.

The Justice for Palestine European Citizens' Initiative called for the suspension of the EU-Israel Association Agreement in response to Israel’s numerous human rights abuses during the war in Gaza, as well as its breaches of multiple rules and obligations under international law. The campaign received one million signatures. Similar calls have been made by the European Trade Justice Coalition, European trade unions, and hundreds of civil society groups. Over the past couple of decades, social movements in other countries that have signed free trade deals with Israel have mobilised in solidarity with Palestine. Examples include actions in Canada, Costa Rica, India, Mercosur. A major victory for the movements was achieved in Colombia in 2025, when the country cancelled its FTA with Israel.

Türkiye has also developed a vast network of free trade agreements. It has FTAs in force with: Albania, Bosnia-Herzegovina, Chile, EFTA, Egypt, Faroe Islands, Georgia, Kosovo, Malaysia, Mauritius, Montenegro, Moldova, Morocco, North Macedonia, Palestine, Qatar, Serbia, Singapore, South Korea, Tunisia, the UAE, the UK, and Venezuela. FTAs with Lebanon, Sudan and Ukraine are under ratification, while negotiations are ongoing with the GCC, Indonesia and Japan.British and Turkish unions demanded in 2021 the suspension of the UK – Türkiye trade deal due to labour rights violations in Türkiye.

Last update: May 2026

Photo: DP World


Palestinians declare war on Jewish settlements' products
The PNA campaign is accompanied by an international campaign to boycott any product made in Israeli settlements that the PNA considers illegal.
Israel pushing for trade pact with India
Israel on Monday said it wants to push for a free trade agreement with India with an objective of tripling bilateral commerce to USD 12 billion over the next four-five years.
Palestinians seek to shut down settler trade
Prime Minister Fayyad said if Palestinians wanted to persuade the European Union to ban trade with the settlements -- considered illegal under international law -- they would have to do it themselves first.
EU-Morocco: Accord on agricultural trade liberalisation
The accord, Brussels explained, reinforces the position of European exporters in the Moroccan market, above all in the processed food sector.
EU: Free trade area around the Mediterranean a priority at trade ministers’ meeting
The EuroMed meeting in Brussels today adopted a roadmap for the establishment of a free trade area around the Mediterranean starting in 2010. Support was also given for a regional convention with uniform rules on the origin of goods.
Jordan, Turkey sign free trade deal
Turkish President Abdullah Gul and Jordan's King Abdullah II signed a long-awaited free trade deal on Tuesday before holding talks on further boosting economic ties, the palace said.
Spanish claim Moroccan fraud
Fepex, the association which represents Spanish exporters, has claimed that fraud is taking place in import activity of tomatoes from Morocco into the EU, making a mockery of the constraints of the existing Association Agreement.
Syria considers European deal
The EU finally agreed to its trade deal with Syria in October. Syria surprised Europe by saying it needed time to decide. Now it has admitted why – Syrian businessmen are concerned about competition from European companies.
Lobbies trying to stall FTA with EU: Attiyah
Lobbies representing European petrochemicals and aluminum industries are attempting to stall the long overdue free trade agreement between the Gulf Cooperation Council and the European Union because they are concerned about compettion from the GCC
Syria Stalls on Signing Trade Deal With EU
After years of pursuing a free-trade pact with the European Union, Syria is balking at signing a deal, as local businesses express worry about competition from European goods.