Page 222 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

9/29/24, 5:45 PM UAE-New Zealand CEPA; Trade negotiations conclude - Emirati Times
It was confirmed by the signing of a joint statement by Dr. Thani Al
Zeyoudi, UAE Minister of State for Foreign Trade, and Todd McClay, New

Zealand’s Minister of Trade.

Once implemented, the UAE-New Zealand CEPA will reduce or remove
tariffs, eliminate unnecessary trade barriers, improve market access, and

create new platforms for investment and private sector collaboration with
one of the world’s most globalized economies.

Upon the conclusion of negotiations, Al Zeyoudi highlighted that, “New

Zealand is a long-standing partner of the UAE with an economy that, like

ours, is underpinned by trade and global connectivity. Our CEPA will serve
as a catalyst not only for bilateral trade but for greater exchange between

the UAE and the high-growth Asia-Pacific region, underscoring the scope
and ambition of our foreign trade agenda.”

Al Zeyoudi added that, “The UAE is committed to expanding opportunity

for our private sector by enhancing market access to key economies, and
with its well-developed agriculture and food-production sectors, New

Zealand is a nation that holds outstanding potential across a number of
industry verticals.”

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