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.








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