ISDS Case Map
West Asia
The agreement, aimed at offering stronger protections for investors, comes at a moment of shifting economic and geopolitical dynamics in the region.
The FTA is expected to include a zero tariff for 90 percent of commodities exchanged between Iran and the five-member bloc.
A decision to start negotiations on a free trade zone between the Eurasian Economic Union and the United Arab Emirates might be made by the end of this year.
The UAE is the second or third largest trading partner of India and that country is a gateway to the middle east, North Africa, Central Asia and sub-Saharan Africa.
To get out of the crisis exacerbated by Covid-19: more than a hundred organizations and networks in the Arab region are launching a campaign for debt cancellation and getting rid of "free trade" agreements.
China seeks deeper synergy between its Belt Road initiative and Saudi's 2030 vision.
While NAFTA talks continue, Mexico is seeking to diversify its export markets and is expanding agricultural exports to China, Japan, South Korea and countries of the Arabian Peninsula.
Jose Antonio Meade, Secretary of Finance and Public Credit of Mexico, said that the country will seek to diversify its trade relations with other countries. Trade agreements with the Middle East and Turkey will be a priority.
Djiboutian finance minister says new free trade agreement aims to increase China's presence in Africa and Red Sea regions
