The President of the Commission emphasized the powerful EU history of reaching high quality trade agreements and building corporate relationships
The European Union and the United Arab Emirates will launch negotiations on a free trade agreement, European Commission President Ursula von der Laien announced today.
“This agreement will reinforce our bilateral relationships and contribute to the wider area of ​​the wider area“, Von der Layen wrote in” X “, after contacting the President and Sheikh of the United Arab Emirates, Mohammed bin Zayed al -Nahian, to launch negotiations on a free trade agreement.
The EU is seeking commercial partnerships with various third countries and, according to the Commission, today’s “positive step forward” in EU-UAE relations along with the negotiation of broader corporate corporate relationship agreements, can serve as a catalyst for stronger links between the EU and the Council of Cooperation.
The chairman of the Commission underlined the powerful EU history of achieving high standard trade agreements and building corporate relations based on open trade and mutual benefit. In this spirit, the upcoming negotiations will focus on the liberalization of commerce of goods, services and investment, while deepening cooperation in strategic areas such as renewable energy, green hydrogen and critical raw materials.
Ursula von der Layen expressed confidence that both sides can move “quickly” and “ambitious”. Trade Commissioner Maros Sefkovic will soon go to the United Arab Emirates to promote talks.
Source :Skai
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