China and the United Arab Emirates said they would expand cooperation and work toward a free trade agreement between China and the six Gulf Cooperation Council (GCC) countries.
Gulf Arab states are pressing for an early deal on free trade with Britain to secure preferential arrangements after Brexit, and could have a draft agreement ready within months.
Free Trade Agreement between Switzerland and the UAE has been signed and will be implemented from July this year, a dignitary from Switzerland said on Thursday.
The Qatar-based satellite network Al Jazeera served Egypt with a $150 million compensation claim on Monday for what it said was damage to its business inflicted by Cairo's military rulers, a step likely to worsen Qatari-Egyptian relations.
On 21 May, Turkish Development Minister Cevdet Yilmaz, addressing the Turkey-Iran Joint Business Council in Tehran, said that they recorded progress on the way for a preferential trade agreement between the two countries.
Eng. Ahmad bin Hassan Al Dheeb, Commerce and Industry Ministry undersecretary for Commerce and Industry said that the council of ministers' assignment of the ministry to prepare tables that identify the Sultanate's commitments towards World Trade Organisation (WTO) and Free Trade Agreements (FTAs) came to enlighten private sector companies and establishments and the public on the benefits, advantages and disadvantages of those conventions.
Iran’s Minister of Industry, Mine and Commerce Mehdi Ghazanfari says the Free Trade Agreement (FTA) between the Islamic Republic and Syria is set to be implemented, according to Press TV.
To boost their economic and trade ties Iran and Armenia are preparing the ground for signing a free trade agreement, Iran’s Foreign Minister Ali-Akbar Salehi says.