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Article: IRAN/UNITED ARAB EMIRATES: U.S. FAILS TO SCUTTLE EMERGING TIES.
- Article from:
- Interpress Service
- Article date:
- February 25, 2008
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By Kimia Sanati
TEHRAN, Iran, Feb. 25, 2008 (IPS/GIN) -- Iran and the United Arab Emirates have begun top-level talks to boost economic relations, despite efforts by the United States to disrupt trade ties between the countries.
The economic negotiations are proceeding despite an unresolved territorial dispute over the three strategic islands of Abu Mousa, the Lesser and the Greater Tunb in the Strait of Hormuz.
The United Arab Emirates is already Iran's top trade partner, with bilateral trade reaching $14 billion, according to official sources.
"The U.S. has tried to hurt the Iranian economy through unilateral sanctions. They ...