OECD & United Arab Emirates

OECD: The OECD warned that prolonged disruption of energy supplies from the Middle East due to the Iran war would severely impact the global economy, potentially leading to recession and increased inflation.

United Arab Emirates: The United Arab Emirates has been affected by Iran's strikes and is working to mitigate economic damage, with United Arab Emirates — Dubai pledging support to businesses. Its forces have also used Apache helicopters to shoot down Iranian drones.

OECD: The OECD is referenced as a group of developed economies, outside of which the EU's revised waste shipment regulation will bar exports of non-hazardous waste.

United Arab Emirates: The United Arab Emirates' June export ban on scrap could worsen supply pressures for India, as India sources a significant portion of its scrap from Gulf states.

OECD: OECD countries have sanctions on Russian energy, affecting global trade flows.

United Arab Emirates: The UAE had tankers attacked by Iran, killing one mariner. It threatened retaliation and is affected by shipping disruptions.

OECD: The OECD>>> hosted the ministerial meeting where discussions about the new tariffs and trade deals took place, serving as a neutral venue for dialogue.

United Arab Emirates: The United Arab Emirates>>> is one of the 60 economies that the United States — United States Trade Representative>>> has proposed trade measures against due to concerns over forced labor imports.

OECD: The OECD provided guest contributions to the inaugural PaxSilica Summit.

OECD: The OECD was mentioned as a potential host for a permanent administrative secretariat for G7 critical minerals initiatives, though the U.S. is reluctant.