Page 191 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

10/1/24, 2:43 PM Minister of State for Foreign Trade leads UAE Business delegation to New Zealand, Australia to expand trade relations
Dr. Al Zeyoudi stated: "The UAE and New Zealand share a strong commitment to building an innovative and resilient trade
relationship. Our growing ties create new avenues for businesses to collaborate, particularly in sectors such as the green economy,

supply chain management, food security and advanced technology. We are greatly encouraged by the positive response to our visit,
not least the conclusion of terms on our proposed Comprehensive Economic Partnership Agreement, which will elevate our
relationship on all fronts."Hon. Todd McClay, New Zealand's Trade Minister, commented: "We welcome this new phase in our

relationship with the UAE. The deepening trade ties between our nations provide a robust framework for fostering growth and
prosperity for both countries."Dr Thani also visited Australia, where he held talks with Hon. Don Farrell, Australia's Minister for
Trade and Tourism. The ministers discussed the timelines for signing and implementing the CEPA between their two nations, the

negotiations for which concluded in earlier in September, and to begin the process of aligning their respective customs departments.

Dr Thani also addressed a business roundtable in Melbourne, where private-sector representatives reviewed sectors of maximum

opportunity, including food security, renewable energy, mining, logistics and tourism.Strengthening relations with the broader
Oceania region will support regional supply chain resilience and promote sustainable development. The CEPAs with Australia and
New Zealand will help the UAE achieve its target of AED4 trillion (US$1.1 trillion) in non-oil trade by 2031.

Dr. Al Zeyoudi was accompanied by a UAE delegation that included Rashed Abdulkarim Al Blooshi, Undersecretary of the Abu
Dhabi Department of Economic Development; Ahmed Khalifa Al Qubaisi, CEO of the Abu Dhabi Chamber of Commerce &

Industry; as well as senior officers from Dubai Chambers, Sharjah Chamber of Commerce & Industry, Etihad Airways and DP World
alongside other representatives from the UAE business entities and investors. (ANI/WAM)

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