International trade relation of the UAE

Slide1)

Ministry of foreign Trade:

•Regulate Trade Laws in the UAE

•Present publications to Prospective international investors

•Compile statistical Data about the UAE trade

•Produce Reports Concerning the World and also UAE Economic Development and Investments

•Publish Reports about other prospective markets to invest in from UAE investors

•Operate Trade Offices in Several Countries for potential investors(Geneva –US – India – China)

Slide 2)
Investment prospects in the UAE;
oil and gas:

•The UAE is the world's Sixth largest proven oil reserve and the fifth largest natural gas reserve

•The UAE is the world's third largest exporter of crude oil

•The UAE exports more than 40 percent of its crude oil to Japan

•Each Emirate controls its own oil production and resource development. Abu Dhabi holds 94% of the UAE's oil reserves, or about 92.2 billion barrels.

 

Financail Sector:

•The banking Industry in the UAE is very Strong.

•Free Zone’s in the UAE with 100% foreign ownership privileges, and 0% tax on income and profit

•projected a 2.2% GDP growth for the UAE in 2011 Due to the growth in the financial sector 

 statistical data:

imports                                                          rts	Exports
machinery and transport equipment, chemicals, food	crude oil 45%, natural gas, re exports, dried fish, dates
$202.1 billion	$281.6 billion
India 19.8%, China 13.7%, US 8.1%, Germany 4.6%	Japan 16.2%, India 13.5%, Iran 10.9%, South Korea 5.6%, Thailand 5.5%, Singapore 4.4%

 

refrence:

•https://www.cia.gov/library/publications/the-world-factbook/geos/ae.html

•http://www.moft.gov.ae/ar/default.aspx

•http://www.moft.gov.ae/en/biz_sectors_old.aspx

•http://www.moft.gov.ae/en/tlaws.aspx

•http://www.moft.gov.ae/en/studies.aspx