- The Embassy
- The UAE
- Business & Trade
- Travel & Culture
- UAE-US Relations
- UAE Nationals
The United States and the UAE enjoy a robust trade and investment relationship, much of which now has little direct relationship to UAE oil exports. This is one of the fastest growing US economic partnerships, both globally and especially in the Gulf region.
The UAE has one of the most open economies in the world. And its vigorous economic partnership with the United States reflects the UAE’s role as a regional leader in terms of economic reform, openness to international trade and investment, and political stability.
In 2012, the UAE and US partnered to form an Economic Policy Dialogue (EPD), which will serve as a platform to develop a number of new initiatives that are intended to strengthen the economic, trade and commercial relationships between the two countries.
The volume of US exports and foreign direct investment into the UAE in recent years has grown dramatically and is likely to continue to grow in the future. This growth reflects the increasingly diversified UAE economy as well as the country's leading role as a modernizing influence in the Arab world.
The trade relationship between the UAE and the United States is characterized by a set of high-value trade and investment activities.
Through significant investments in the United States for over 30 years, the UAE has been a dependable and long-term contributor to US economy, providing liquidity to US capital markets, growth for US companies and job security for US workers.
In 2008, the Government of Abu Dhabi initiated a global dialogue to clarify the investment principles of government-owned funds. As a result, 23 countries committed to operate their funds purely on commercial principles and adopt transparency measures.
In addition to being an important supplier of energy, the UAE is now becoming an increasingly relevant consumer of energy. The UAE will continue its long tradition of responsible energy stewardship as it diversifies its economy, expands hydrocarbon reserves, and contributes to the development of alternative energy sources.
The UAE and the United States continue to explore ways to enhance and build upon an already robust trade relationship. The establishment in May 2007 of a US-UAE Business Council, demonstrates how business-to-business initiatives drive the expanding commercial relationship.
While the UAE expects to see an improved trade balance with the United States as the economies of Abu Dhabi and Dubai continue to diversify, it is enthusiastic about advancing the many new joint ventures and partnerships it has in place with major US companies. From a UAE perspective, constructive international partnerships and joint ventures can provide capacity and skills for the local economy, in addition to the traditional benefits of investment.