Economics
UAE Concerned EU’s Keeping It on Dirty-Money ‘Black List’
- Economy minister says UAE doesn’t understand why it’s on list
- Also expressed concern about rules for nations EU trades with
UAE economy minister Abdulla Bin Touq Al Marri.
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
The United Arab Emirates expressed concern about the European Union keeping it on a “black list” of countries with deficiencies in combating illicit money flows.
In an interview at the World Economic Forum in Davos, Switzerland, Economy Minister Abdulla bin Touq Al Marri said the UAE would also hold talks with the EU about the bloc’s labor requirements for nations it trades with.