External trade arrangements for the West bank and Gaza

Article Abstract:

Palestinian autonomy is dependent on establishing a production base in the West Bank and Gaza and on reducing dependency on Israel for employment. The Protocol on Economic Relations between Israel and West Bank and Gaza, signed on Apr 19, 1994, allows innovations within the customs union framework. The geographical features of the land and the characteristics of the local economy should be factored in when deciding on a trade strategy. The focus should be on export-oriented trade and it is important to ensure high levels of domestic productivity.

Infrastructure (Economics), Laws, regulations and rules

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U.A.E.'s unique program: only profitable projects earn credit toward offset obligation of contractors

Article Abstract:

Foreign contractors must implement profitable projects or face losses and liquidated damages, under the United Arab Emirate's (UAE) offset program. The UAE system mandates that contractors earn their required number of offset credits by generating profits upon reaching obligation milestones. The offset program's goal is to attract foreign investors with its promise of large potential payoffs, while ensuring UAE of the economic benefits of profitable foreign-run enterprises.

Foreign investments, Contracts, United Arab Emirates

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Fiscal and monetary policies, exchange rates, pricing and taxes, regulatory policies, debt

Article Abstract:

Saudi Arabian commercial activity has changed as a result of the Persian Gulf War. Many regulations related to foreign participation were waived during the War, as the government attempted to find the lowest cost suppliers. The end of the War has led to regulations that favor Saudi citizens and members of the Gulf Cooperation Council. These regulations cover such areas as fiscal, monetary, tax, debt management and exchange rate policies.

Economic aspects, Saudi Arabia, Persian Gulf War, 1991

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