Ethical Standards for Behavior in International Negotiations - Essay Example

Ethical Standards for behavior in international negotiations Contents International environment in UAE 2 Conclusion 4 References 5 International environment in UAE The word Islam refers to submission to the will of God. It is believed that Islam was revealed almost 1400 years ago and followers of Islam are of the opinion of existence of one God. In UAE, Islam is the base and the principle mode of communication. The residents speak Islam and it forms the base of interaction among them. In UAE International negotiation is done by directly interacting with the countries.

UAE supports ethical negotiation process. The country follows strong rules and regulations while doing international business negotiation. The high standard rules and regulations of UAE establish safety and security standards for doing international business negotiation. The country is adopting and improving its business environment for making its international negotiation process more effective. The country has no quotas, foreign exchange controls and trade barriers regarding international negotiation.

UAE conducts the business around the world. For this reason the country follows wide framework of foreign policies. UAE is very much concerned about its commitments. It is one of the important ethical principles of this country. The country tries to maintain peace and stability in its international negotiations (Hooper and Newlands, 2012). The country builds good relationship with foreign companies and countries for establishing effective negotiation policies. UAE emphasizes on tolerance, modernization while doing international negotiation.

The country respects people of different places and religions for developing good relationship with other countries. The government of UAE tries to maintain the balance between international environment and community. Some government affiliated bodies contribute a lot in developing a good international environment which will facilitate the negotiation process. The rules and regulations of UAE are developed in such a way which helps the people in becoming a good global citizen. In international negotiation the people of UAE focuses more on words.

The country puts huge effort in following the words said in the negotiation process (Soriano, 2014). The people of UAE directly discuss the topic on which they are holding the meeting of business negotiation. They make sure that some strong benefits are obtained by international negotiation. While negotiating with foreign companies and countries the people of UAE do not get distracted from the objectives of the negotiation. They maintain a specific standard for doing international negotiation.

Trust and sincerity are considered as most important factors for doing international negotiation. The government bodies and the people of this country trust the commitments of other parties involved in this negotiation process. UAE makes strong connection with the foreign companies and countries in for understanding their ethics, rules and regulations related to negotiation. This process benefits the country in developing effective policies and plans for with other countries (Khakhar & Rammal, 2013).

The international environment of UAE supports different operations and activities for making the negotiation process beneficial for the country. Real life example: The economic crisis put large projects on hold for quite a number of years but in UAE developers operating within the construction industry were able to work under revised contract terms and price. Conclusion This essay highlighted international environment of UAE in regarding international negotiation. Ethics has a strong influence of the international negotiation of the country.

This country involved in doing foreign policies with many of the nations and foreign countries of the world. References Hooper, M. and Newlands, D., 2012. The Global Business Handbook: The Eight Dimensions of International Management. Burlington: Gower Publishing, Ltd. Khakhar, P., & Rammal, H. G., 2013. Culture and business networks: International business negotiations with Arab managers. International Business Review, 22(3), pp. 578-590. Soriano, M. A., 2014., United Arab Emirates & Mexico: Dos and donts in negotiation strategies," A Mexican perspective".

The Business & Management Review, 5(1), pp. 378.