Ministry of Economy launches private-sector survey ahead of new CEPA negotiations

Ministry of Economy launches private-sector survey ahead of new CEPA negotiations

ABU DHABI, 4th May, 2023 (WAM) --The Ministry of Economy has announced the launch of a new survey targeting the UAE’s business owners, industrialists and entrepreneurs in order to gain their insights and inputs ahead of negotiations for upcoming Comprehensive Economic Partnership Agreements (CEPAs).

The survey will help shape the parameters of discussions with Chile, Vietnam, Ukraine, Kenya, Pakistan and Thailand, and is open to all interested parties to ensure maximum benefit from the latest roster of deals.

The survey has a total of six sections, covering areas such as current market access in the targeted countries; trade and investment potential; barriers to trade and the role of government in facilitating exports and investments.

The responses will be used by the Ministry to ensure the optimum deal for UAE businesses, whether through smoother, more seamless market access for exports, or by creating the right climate for UAE investors in the partner countries.

Juma Alkait, Assistant Undersecretary for International Trade Affairs Sector, said the private sector is an essential partner in the UAE’s efforts to promote foreign trade and economic growth. “We recognise that businesses face unique challenges and opportunities in different markets, and we need to ensure that our trade agreements reflect those realities