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1/30/07

Khaleej Times Online - UAE-EU FTA could be concluded soon - by Haseeb Haider

For the complete report in Khaleej Times Online click on this link

UAE-EU FTA could be concluded soon - by Haseeb Haider

ABU DHABI — Calling it 'complex and complicated', Swedish Deputy Trade Minister Hans Jeppson yesterday hoped the UAE-EU Free Trade Agreement (FTA) would be concluded in coming two to three months time. Speaking to Khaleej Times, at a reception hosted by the Swedish Ambassador Bruno S. Beijer, the trade minister said that there had been some initial hiccups which has been resolved. "But since EU is a large economic bloc comprising 27 nations, it will take little more time to overcome the obstacles," he said. As far as, Sweden is concerned we have no issues with the FTA, he added.

Jeppson hoped the FTA would give a new impetus to trade and investments with Gulf, the world's most promising region.

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