Published 09/17/2024 1:33:00 p.m.

Australia reaches trade deal with UAE to boost agriculture exports, investment

Australia has secured a free trade deal with the United Arab Emirates, promising cheaper household items and building materials.
Australian farmers, including beef and sheep producers, will save about $50 million annually on exports, according to Trade Minister Don Farrell.
The deal will reduce Emirati tariffs on 99% of Australian products, saving an estimated $135 million in the first year, with $160 million annually after full implementation.

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Reuters

Australia reaches trade deal with UAE to boost agriculture exports, investment

Australia said on Tuesday it had reached a trade deal with the United Arab Emirates that would remove tariffs for about 99% of Australian products, and result in savings of A$135 million ($91 million) in the first year.

09/17/2024 1:33:00 p.m.·United Kingdom

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The Straits Times

Australia reaches trade deal with UAE to boost agriculture exports, investment

SYDNEY - Australia said on Tuesday it had reached a trade deal with the United Arab Emirates that would remove tariffs for about 99% of Australian products, and resulting in savings of A$135 million ($91 million) in the first year. Read more at straitstimes.com.

09/17/2024 4:36:22 a.m.·Singapore

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Bloomberg

Australia, UAE Reach Trade Deal to Boost Exports, Green Energy

Australia has reached a trade agreement with the United Arab Emirates that is expected to boost shipments of agricultural products and resources, as well as provide Abu Dhabi with greater access to investment in green energy and critical minerals.

09/17/2024 3:06:31 a.m.·United States

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Times Live

Australia reaches trade deal with UAE to boost agricultural exports, investment

Australia's top exports to the UAE include meat, dairy, oil seeds, seafood, steel, canola seeds, nuts, honey, coal, chickpeas and lentils.

09/17/2024 7:30:00 a.m.·Johannesburg, South Africa

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7NEWS Australia

Australians to save at checkout under new trade deal

Tens of millions of dollars of cheaper items will enter Australia from the United Arab Emirates under a trade pact while farmers will save on meat export costs.

09/17/2024 4:44:30 a.m.·Australia

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U.S. News

Australia Reaches Trade Deal With UAE to Boost Agriculture Exports, Investment

US News is a recognized leader in college, grad school, hospital, mutual fund, and car rankings. Track elected officials, research health conditions, and find news you can use in politics, business, health, and education.

09/17/2024 1:33:00 p.m.·New York, United States

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