U.S., UAE Move From FTA To 'TIFA Plus' In The Short Term After London Session

The United States and the United Arab Emirates (UAE) have in the short term dropped their efforts to negotiate a bilateral free trade agreement because of a failure to bridge their fundamental differences on the substance and scope of a potential investment chapter, according to U.S. trade officials. In light of these differences, it is not realistic to conclude an FTA under current fast-track deadlines, and the two sides will now focus on deepening their bilateral economic relationship through intensifying...