Page 246 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)
P. 246
9/29/24, 5:47 PM UAE and New Zealand finalize CEPA negotiations
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.
“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 Dr. Thani bin Ahmed Al
Zeyoudi
UAE Minister of State for
between the UAE and the high-growth Asia- Foreign Trade
Pacific region, underscoring the scope and ambition of our foreign-
trade agenda. 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.”
McClay stated that, “This CEPA will enable New Zealand exporters to participate
in the UAE’s growing and vibrant economy. Our high-quality and safe agricultural
goods, our strong manufacturing sector and our innovative services sector have a
lot to offer to the UAE. We look forward to increased trade and people-to-people
links between our countries.”
https://www.gccbusinessnews.com/uae-and-new-zealand-cepa-negotiations/ 2/3