
China approached UAE for possible bilateral free trade deal, UAE minister says
China approached the United Arab Emirates for a possible bilateral free trade deal, UAE's Trade minister Thani Al Zeyoudi said on Wednesday, after an announcement of the launch of EU-UAE talks for a similar agreement.
Since 2021, the UAE has initiated a raft of bilateral trade, investment and cooperation deals - called Comprehensive Economic Partnership Agreements - to reduce its dependence on fossil fuels and bolster long-term growth prospects.
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