UAE planning comprehensive economic pacts with several countries

UAE planning comprehensive economic pacts with several countries

The current four Cepas to boost UAE GDP by 2.4% by 2031

Abdulla Bin Touq Al Marri, UAE Minister of Economy, Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, Mehmet Muş, Minister of Trade of Türkiye, Saeed Thani Hareb Al Dhaheri, UAE Ambassador to Türkiye and other dignitaries at the UAE-Türkiye Comprehensive Economic Partnership Agreement (CEPA) signing ceremony in Abu Dhab on Friday. - WAM

Published: Sat 4 Mar 2023, 2:35 PM

The UAE is working on a series of Comprehensive Economic Partnership Agreements with a number of countries, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said in Abu Dhabi on Friday.

The minister made these remarks on the signing of the Cepa with Turkey, that was signed on Friday in the presence of Abdullah bin Touq Al Marri, Minister of Economy, Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Mehmet Muş, Turkish Minister of Trade.

Dr. Al Zeyoudi revealed that the UAE-Türkiye Cepa is expected to be ratified before the end of the second quarter of 2023.

He said that the signing of the fourth Cepa with Türkiye today, on top of those signed with India, Indonesia and Israel, allows