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UAE to conclude six more Cepas in next three months, foreign trade minister says

The UAE is preparing to conclude Comprehensive Economic Partnership Agreements with six more countries in the next three months to improve trade and investment flows.

The UAE is to finalise Cepas with Pakistan, South Korea and Thailand in the next three weeks, Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, said on Tuesday during a keynote speech to the Global Trade and Supply Chain Summit in Dubai, organised by The Economist.

These will be followed by agreements with Costa Rica, Chile and Vietnam.

“These next-generation deals are cementing bilateral relationships with key economies, securing supply chains and promoting investments,” Dr Al Zeyoudi said, referring to the Cepa programme that the UAE launched in 2022.

“In the next 50 years, foreign trade will remain at the forefront as we seek to secure sustainable and long-term growth.”

 

Source: The National News

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