Dubai is the main regional export centre and has become the third largest export centre in the world after Hong Kong and Singapore. The main sectors of this flourishing trade, which has provided the United Arab Emirates with the first place among GCC countries for export, are electronics, electrical equipment, precious metals and stones. The Authority is also trying, through the Act of Bilateral Agreements, to achieve the objective it has adopted since the beginning of its work, such as “Towards a Safe Society … Fair Trade” in the reality on the ground, protecting local society from the negative economic, social and health effects of counterfeit and dual goods, monitoring transfers of dual-use materials, preserving intellectual property rights and rules of origin, and, in the meantime, facilitating the movement of trade between the United Arab Emirates and its trading partners around the world. International bilateral agreements should also achieve both sides of the goal of equal rights, namely `safe society and fair trade` through a range of fundamental axes contained in the agreements, including strengthening international cooperation in the area of customs, combating breaches detrimental to the Security, Economy and Security of the Community , improving customs awareness and culture through the exchange of knowledge and information. , the establishment of joint training courses, the adoption of legislation and regulations facilitating the transit and flow of goods, and the role of customs (authority) as economic partners and not as tax authorities. Other areas include the provision of agreements with basic rules that protect information about the legitimacy of access to information, use it for legitimate purposes, their suitability for the purposes for which it is needed and their safe retention. The United States began negotiating a free trade agreement with the United Arab Emirates in March 2005. In early 2007, the United States and the United Arab Emirates announced that they could not conclude free trade negotiations within the timeframes for the trade promotion authority, but that both sides would continue to work towards the subsequent conclusion of free trade negotiations. There have been no further negotiations for a free trade agreement. The United States signed a framework trade and investment agreement with the United Arab Emirates in 2004 to create a formal framework for dialogue on economic reforms and trade liberalization. TIFA encourages the creation of legal protection for investors, improved protection of intellectual property rights, more transparent and effective customs procedures, and greater transparency of government and trade rules. Through this process, the U.S.
government can identify potential partners for continued trade cooperation, such as free trade agreements (FAs). In recent years, the United Arab Emirates has signed bilateral agreements with the following countries: during their relatively short lifespan, bilateral agreements on technical and administrative cooperation in the area of customs constitute one of the main thrusts of the FCA`s regional and international act. With respect to this issue, the ACF departs from the fact that it is the official federal customs authority that deals with customs issues, not to mention international obligations as an active member of the World Customs Organization, the World Trade Organization and the international community.