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5/13/24, 5:03 PM               UAE, New Zealand to launch comprehensive economic partnership talks | Emirates News Agency
                     Minister of State for Foreign Trade, and Todd McClay,


                     New Zealand’s Minister for Trade.


                     The proposed CEPA reflects growing bilateral relations,


                     with non-oil trade between the UAE and New Zealand


                     reaching US$764.5 million in 2023, an increase of more


                     than 15 percent over the pre-Covid year of 2019.



                     The agreement will seek to boost those numbers


                     through the removal or reduction of tariffs and trade


                     barriers, the improvement of market access, and the


                     establishment of investment pathways that will open up


                     new opportunities in key sectors such as agriculture,


                     renewable energy, logistics, education, professional


                     services and healthcare.


                     Dr. Al Zeyoudi stated, “New Zealand has become a


                     valued trade partner for the UAE, one that shares our


                     conviction that open, rules-based trade is an essential



                     driver of sustainable economic growth. A


                     Comprehensive Economic Partnership Agreement will


                     open up a range of exciting opportunities for both


                     nations, with the UAE offering direct access to new


                     markets for New Zealand’s exports, particularly in food


                     and agricultural products, while our services exporters




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