Iran–United Arab Emirates relations

Iran – United Arab Emirates relations

Iran

United Arab Emirates

Relations between Iran and the United Arab Emirates are deeply historic and dates back to the centuries prior to the establishment of modern-day Emirates. UAE maintains close economic ties with Iran. The UAE also has a significant Iranian community that are mostly residing in Dubai emirate; there's also an Arabic-speaking native community living in southern provinces of Iran some of whom share historical ties with the southern shores of the Persian Gulf. However, in the last decades, there has been tensions over three islands in the Persian Gulf: Abu Musa, Greater Tunb, Lesser Tunb.[1][2] Both the UAE and Iran have maintained that they are trying to find a solution to this issue according to the rules of international law as for the Iran's nuclear program. Both the UAE and Iran claim to adopt the principle of not interfering in the internal affairs of each other. The UAE has officially stated that it prefers not to interfere with Iran's nuclear program as long as Iran continues to reassure the international community that its nuclear program is for peaceful purposes. Both the UAE and Iran call for the removal from the Middle East of all weapons of mass destruction.


Outstanding conflicts are:

On November 28, 2013, the foreign minister of the UAE made a visit to Iran.[5]

Trade

Iranian businesses have a major presence in the UAE. Around 8,000 Iranian traders and trading firms are registered in the UAE, according to the local Iranian Business Council. Ethnic Persians are estimated to account for roughly 10 percent of Dubai's population of 2 million.[6] Trade between Dubai and Iran tripled to $12 billion from 2005 to 2009.[7] UAE's exports to Iran are four times greater than its imports from Iran.[8]

References

This article is issued from Wikipedia - version of the Wednesday, February 03, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.