Page 600 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
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4/7/25, 5:16 PM UAE’s Comprehensive Economic Partnership Agreements With Costa Rica, Mauritius Come Into Force
Now in force, the UAE-Costa Rica and UAE-Mauritius CEPAs will reduce tariffs on a wide
range of goods, simplify customs procedures, and establish pathways for investment into
high-priority sectors both in the UAE and across the Central American and African markets.
The two deals mark the seventh and eighth of the UAE’s Comprehensive Economic
Partnership Agreements to come into force, following the successful roll-out of CEPAs with
India, Israel, Türkiye, Indonesia, Cambodia and Georgia since the launch of the
programme in 2021.
As the nation seeks to increase its foreign trade to AED4 trillion (US$1.1 trillion), it currently
has twelve further deals signed and awaiting ratification with markets around the world,
consolidating its status as a trade facilitator and global gateway for goods and services.
Dr. Thani bin Ahmed Al-Zeyoudi, Minister of State for Foreign Trade, said,
“The implementation of our Comprehensive Economic
Partnership Agreements with Costa Rica and Mauritius
reflects a significant step forward in our nation’s foreign
trade programme and its aim to establish stronger, more
integrated trading relationships with the most dynamic
markets around the world.
These CEPAs, enhancing connectivity to centres of
growth in Central America and Africa, are a catalyst for
deeper economic collaboration, unlocking a range of
opportunities for our private sector and driving forward
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