UK and Dubai courts draw up new guidelines to boost trade ties
The Commercial Court of England and Wales has signed a protocol with the Dubai International Financial Centre (DIFC) Courts in a bid to strengthen legal and trade ties between Dubai and the UK. The memorandum, designed to help lawyers, investors and businesspeople who want to develop closer trade and investment links between the UK and UAE, has been drawn up in an effort to increase business confidence on both sides.
January 25, 2013 at 12:30 PM
2 minute read
The Commercial Court of England and Wales has signed a protocol with the Dubai International Financial Centre (DIFC) Courts in a bid to strengthen legal and trade ties between Dubai and the UK.
The memorandum, designed to help lawyers, investors and businesspeople who want to develop closer trade and investment links between the UK and UAE, has been drawn up in an effort to increase business confidence on both sides.
It clarifies existing agreements between the two courts, detailing further principles and practices to arrangements such as the mutual enforcements of judgments.
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