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Foundry Daily News

UAE-US

get closer to FTA

<font face="arial, geneva, helvetica" size="2">Stuttering free trade talks between the UAE and the United States have made some progress in the latest round of talks last week in London, the UAE Ministry of Finance and Industry said.</font>

<font face="arial, geneva, helvetica" size="2">The progress involved issues such as environment, e-commerce and copyrights, according to a ministry statement.</font>

<font face="arial, geneva, helvetica" size="2">"The two sides have agreed to redouble efforts to resolve the outstanding issues, notably issues related to digital economy and other issues that are still impeding the smooth flow of trade," it also said.</font>

<font face="arial, geneva, helvetica" size="2">However, major sticking points still obstruct a deal, including Washington's insistence on improvement of labourers' rights and the country's overall human rights record.</font>

<font face="arial, geneva, helvetica" size="2">The talks are part of a US drive to strike free trade deals with a number of countries in the Middle East.</font>

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