By Saifur Rahman, Gulf News
While the US is in an uproar over the P&O to DP World merger, Australia - another of the countries that already deal with DP World - is taking a different attitude. Instead of venting distrust and skepticism towards the Arab controlled company, Australia is entertaining a new free trade agreement with the Middle East hub.
Paragraph two indicates the US is also working on a free trade agreement as well. A fact not being included as part of the port debates, and the US relationship with the Arab state. Fascinating... let's "free trade" on one hand, but "don't touch our ports" on the other.
Dubai: A free trade agreement between the UAE and Australia is likely to be concluded by the middle of this year, said a top Australian official.
The UAE is also likely to conclude another free trade agreement (FTA) with the United States, while the GCC is expected to sign its own FTA with the European Union in May.
The UAE and Australia began negotiations on the FTA a year ago. Australia could become the UAE's third free trade partner following the United States and Singapore.