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The United Arab Emirates and United States have a deep relationship that is anchored in robust bilateral trade and investment, and shared economic interests. In fact the UAE is already the US’ largest export market for US goods in the Middle East, with the value of US exports to the UAE totaling about $22.5 billion in 2012.
Building on this strong foundation, the UAE and US governments have partnered to form an Economic Policy Dialogue (EPD). The EPD serves as a platform to develop new initiatives that will strengthen the economic, trade and commercial relationship between the two countries.
The US government holds EPD meetings with its most important trading partners. In this regard, the UAE is a regional leader, whose policies promote political stability and economic growth, and have created one of the most open and innovative economies in the world.
Collaborative Approach to Bilateral Trade and Investment
These government-to-government meetings will help officials to eliminate non-tariff trade and commerce barriers, explore opportunities to increase cross-border investments, and work to expedite the process for business travel between the UAE and US. Topics for discussion during the Economic Policy Dialogue will include:
Facilitating a more cooperative environment for businesses;
Streamlining policies to promote bilateral trade and investment; and
Furthering cooperation on bilateral economic policies.