A Bridge Between Deserts and Rainforests: UAE and Costa Rica Forge Economic Ties

A Bridge Between Deserts and Rainforests: UAE and Costa Rica Forge Economic Ties

Arabian Post -The United Arab Emirates (UAE) and Costa Rica marked a significant development in their bilateral relations on April 18, 2024, with the signing of a Comprehensive Economic Partnership Agreement (CEPA). The ceremony, held virtually, was witnessed by both nations’ presidents, Sheikh Mohamed bin Zayed Al Nahyan of the UAE and Rodrigo Chaves Robles of Costa Rica. This agreement signifies a new chapter in economic cooperation between the […]

via A Bridge Between Deserts and Rainforests: UAE and Costa Rica Forge Economic TiesArabian Post -

The United Arab Emirates (UAE) and Costa Rica marked a significant development in their bilateral relations on April 18, 2024, with the signing of a Comprehensive Economic Partnership Agreement (CEPA). The ceremony, held virtually, was witnessed by both nations’ presidents, Sheikh Mohamed bin Zayed Al Nahyan of the UAE and Rodrigo Chaves Robles of Costa Rica.

This agreement signifies a new chapter in economic cooperation between the geographically distant countries. The CEPA is expected to streamline trade flows, foster private sector collaboration, and unlock new avenues for investment, particularly in key sectors like logistics, energy, aviation, tourism, and infrastructure development.

The UAE, a regional powerhouse with a diversified economy, seeks to expand its trade footprint beyond hydrocarbons. Costa