BPSC (Bihar) Exam > BPSC (Bihar) Questions > Which country has recently signed a free trad...
Start Learning for Free
Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?
- a)Australia
- b)Italy
- c)Pakistan
- d)Israel
- e)None of the above/More than one of the above
Correct answer is option 'D'. Can you explain this answer?
| FREE This question is part of | Download PDF Attempt this Test |
Most Upvoted Answer
Which country has recently signed a free trade agreement (FTA) with th...
Israel has signed a free trade deal with the United Arab Emirates, its first such agreement with an Arab country. The trade deal is Israel's first with an Arab country. The move is aimed at boosting trade between the two nations.
Free Test
FREE
| Start Free Test |
Community Answer
Which country has recently signed a free trade agreement (FTA) with th...
Free Trade Agreements (FTAs) with the UAE
The United Arab Emirates (UAE) has been actively pursuing free trade agreements to boost its economic ties and enhance trade relations globally. Recently, the UAE signed FTAs with both Israel and Australia, making these agreements significant milestones in its trade policy.
Recent FTAs Explained
- Israel:
The UAE signed a historic FTA with Israel, following the normalization of diplomatic relations between the two countries in 2020. This agreement aims to facilitate trade, investment, and economic cooperation, covering various sectors including technology, healthcare, and agriculture.
- Australia:
In addition to Israel, the UAE has also established a free trade agreement with Australia. This FTA is expected to enhance bilateral trade and investment, promoting cooperation across sectors such as education, tourism, and food security.
Significance of FTAs
- Economic Growth:
FTAs with countries like Israel and Australia are set to enhance economic diversification and growth for the UAE, providing access to new markets.
- Trade Boost:
These agreements will likely increase trade volumes and create opportunities for businesses in both the UAE and the partner countries.
Conclusion
Given the recent developments, the correct answer to the question of which country has signed an FTA with the UAE is indeed D) Israel. Additionally, the agreement with Australia is also a key development in the UAE's trade strategy.
The United Arab Emirates (UAE) has been actively pursuing free trade agreements to boost its economic ties and enhance trade relations globally. Recently, the UAE signed FTAs with both Israel and Australia, making these agreements significant milestones in its trade policy.
Recent FTAs Explained
- Israel:
The UAE signed a historic FTA with Israel, following the normalization of diplomatic relations between the two countries in 2020. This agreement aims to facilitate trade, investment, and economic cooperation, covering various sectors including technology, healthcare, and agriculture.
- Australia:
In addition to Israel, the UAE has also established a free trade agreement with Australia. This FTA is expected to enhance bilateral trade and investment, promoting cooperation across sectors such as education, tourism, and food security.
Significance of FTAs
- Economic Growth:
FTAs with countries like Israel and Australia are set to enhance economic diversification and growth for the UAE, providing access to new markets.
- Trade Boost:
These agreements will likely increase trade volumes and create opportunities for businesses in both the UAE and the partner countries.
Conclusion
Given the recent developments, the correct answer to the question of which country has signed an FTA with the UAE is indeed D) Israel. Additionally, the agreement with Australia is also a key development in the UAE's trade strategy.
Attention BPSC (Bihar) Students!
To make sure you are not studying endlessly, EduRev has designed BPSC (Bihar) study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in BPSC (Bihar).
|
Explore Courses for BPSC (Bihar) exam
|
|
Top Courses for BPSC (Bihar)View all
Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer?
Question Description
Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? for BPSC (Bihar) 2024 is part of BPSC (Bihar) preparation. The Question and answers have been prepared according to the BPSC (Bihar) exam syllabus. Information about Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for BPSC (Bihar) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? for BPSC (Bihar) 2024 is part of BPSC (Bihar) preparation. The Question and answers have been prepared according to the BPSC (Bihar) exam syllabus. Information about Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for BPSC (Bihar) 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for BPSC (Bihar).
Download more important topics, notes, lectures and mock test series for BPSC (Bihar) Exam by signing up for free.
Here you can find the meaning of Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Which country has recently signed a free trade agreement (FTA) with the United Arab Emirates?a)Australiab)Italyc)Pakistand)Israele)None of the above/More than one of the aboveCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice BPSC (Bihar) tests.
|
|
Explore Courses for BPSC (Bihar) exam
|
|
Suggested Free Tests
Test: Human Environment Interactions the Tropical and The Subtropical Region
Test | 15 questions
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
|
© EduRev
|
Education Revolution
|
|
Signup to see your scores
go up within 7 days!
Access 1000+ FREE Docs, Videos and Tests
Takes less than 10 seconds to signup