In addition, the United Arab Emirates has signed free trade agreements with Singapore and New Zealand (through the CCG agreement) and New Zealand and has begun discussions for similar agreements with the European Union, Japan, Australia, South Korea, India, Brazil, China, Argentina, Pakistan, Paraguay, Turkey and Uruguay. It has also concluded several agreements on the protection and promotion of investment and the prevention of double taxation. According to the Federal Customs Authority (FCA), the United Arab Emirates has also signed agreements with the following countries: Islamic Republic of Pakistan (2006), Algerian Republic (2007), Republic of Azerbaijan (2011), Republic of India (2012) Republic of Kazakhstan (2012), Republic of Argentina (2013), Republic of Armenia (2013), Republic of Maldives (2014), Republic of South Korea (2015) and Kingdom of the Netherlands (2015). In June 2009, the GCC signed a free trade agreement with the European Free Trade Area (ETFA) (Iceland, Liechtenstein, Norway and Switzerland), which was implemented in July 2015. The United States signed a framework trade and investment agreement with the United Arab Emirates in 2004 to create a formal framework for dialogue on economic reforms and trade liberalization. TIFA encourages the creation of legal protection for investors, improved protection of intellectual property rights, more transparent and effective customs procedures, and greater transparency of government and trade rules. Through this process, the U.S. government can identify potential partners for continued trade cooperation, such as free trade agreements (FAs). The United Arab Emirates also signs the World Trade Organization(WTO) Information Technology Agreement (ITA), a treaty that binds 78 countries (which account for 97% of world trade in computer products), which aims to eliminate tariffs on computer products. The many products covered by the treaty are estimated at more than $1.300 billion per year. The Government of Abu Dhabi has established the Advisory Committee on Free Trade Agreements, which aims to lift trade restrictions between the Emirate of Abu Dhabi and the countries with which the United Arab Emirates is negotiating a free trade agreement. To assess regional integration, it is not enough to compare intra-regional trade with that of outside the region.
Instead, regional imports must be seeded with the region`s overall supply. Under this approach, regional integration declined throughout the 1995-2010 period and the League`s share of overall supply was lower than in 1995 in 2010. Given that the league`s share of the rest of the world`s overall supply is inverse, it is clear that regional integration has declined.