Australia Pursues Trade Deal With UAE After EU Hiccup

Published on December 14, 2023

The Australian federal government plans to start trade talks with the United Arab Emirates (UAE) in the new year. This follows the collapse of free trade discussions with Europe in late October, despite negotiations between both sides taking place in Osaka to try seal the deal. In a release today, the Albanese Labor government talked up the United Arab Emirates as a top trading partner in the Middle East with two-way trade worth nearly $9.3 billion 2022. An agreement could “deepen” cooperation between the countries on areas such as the net zero transition, the government noted. The UN’s COP28 climate change conference was just held in the United Arab Emirates (UAE), with many Australian leaders and politicians travelling to Dubai for the event....