- The United States and the UAE enjoy a robust trade and investment relationship, much of which now has little direct relationship to UAE oil exports.
- This is one of the fastest growing US economic partnerships, globally and in the Gulf region. In 2018, the US had a $14.5 billion trade surplus with the UAE, the US’ fourth largest trade surplus globally.
- The UAE has one of the most open economies in the world. And its vigorous economic partnership with the United States reflects the UAE’s role as a regional leader in terms of economic reform, openness to international trade and investment, and political stability.
- In 2012, the UAE and US partnered to form an Economic Policy Dialogue (EPD), which serves as a platform to develop initiatives that are intended to strengthen the economic, trade, and commercial relationships between the two countries. and dates.
- Its main import commodities are machinery and transport equipment, chemicals and food. As part of its initiatives to create an open, diverse economy, the UAE government empowers young people to find innovative solutions to pressing challenges in business, government, science and beyond. In 2019, young people surveyed throughout the Arab world selected the UAE (link is external) as the top country to emulate and to live in for the eighth year running.
