Search This Blog

Translate

White House.gov Press Office Feed

Monday, July 2, 2012

U.S.-UNITED ARAB EMIRATES RELATIONS


Map Credit:  U.S. State Department.
FROM:  U.S. STATE DEPARTMENT
U.S. Relations With United Arab Emirates
Bureau of Near Eastern Affairs
Fact Sheet
June 29, 2012
U.S.-UNITED ARAB EMIRATES RELATIONS
The United States has had friendly relations with the United Arab Emirates (U.A.E.) since 1971, following its formation and independence from the United Kingdom. The two countries established formal diplomatic relations in 1972. The U.A.E. plays an influential role in the Middle East, and is a key partner for the United States. The United States and the U.A.E. enjoy strong bilateral cooperation on a full range of issues including defense, non-proliferation, trade, law enforcement, energy policy, and cultural exchange. The two countries work together to promote peace and security, support economic growth, and improve educational opportunities in the region and around the world. U.A.E. ports host more U.S. Navy ships than any port outside the United States.

U.S. Assistance to the United Arab Emirates
The United States provides no foreign assistance to the U.A.E.

Bilateral Economic Relations
The prosperity of the U.A.E. is based in large part on the country's vast oil and gas reserves, and it is one of the United States’ single largest export markets in the Middle East and North Africa region. More than 750 U.S. firms operate in the country. Many U.S. companies, drawn by strong logistics and transport industries, use the U.A.E. as a regional headquarters from which to conduct business throughout the Middle East, North Africa, and parts of Asia. The U.S. and U.A.E. have entered into a Trade and Investment Framework Agreement, establishing a formal dialogue to promote increased trade and investment between the two countries.

The United Arab Emirates' Membership in International Organizations
The U.A.E. and the United States belong to a number of the same international organizations, including the United Nations, International Monetary Fund, World Bank, and World Trade Organization.