Page 631 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
P. 631
4/7/25, 5:18 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, Trkiye, 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.
https://www.bignewsnetwork.com/news/278140661/uae-comprehensive-economic-partnership-agreements-with-costa-rica-mauritius-come-into-force 2/4

