Page 246 - MOE ENGLISH PR REPORT - SEPTEMBER 2024 (Part 1)

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.”

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