Reports from Australian and UAE investment authorities

Australia Secures Trade Deal with UAE, Removing Tariffs for 99% of Products

Sep 17, 2024, 08:24 AM

Australia has reached a trade deal with the United Arab Emirates (UAE) aimed at boosting agriculture exports and investment. Announced on Tuesday, the agreement will remove tariffs for about 99% of Australian products, leading to savings of A$135 million ($91 million) in the first year. The deal also opens opportunities for Australia to secure investments in critical minerals.