Page 621 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/7/25, 5:17 PM UAE launches trade deals with Costa Rica and Mauritius - Arabian Business: Latest News on the Middle East, Real Estate, Finance, …

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.

UAE CEPA trade deals

As the nation seeks to increase its foreign trade to AED4tn ($1.1tn), 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.

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