Page 266 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/24/25, 9:48 AM UAE, Costa Rica promote trade, investment opportunities

Speaking at the forum, Al Zeyoudi highlighted the strong potential of the UAE-

Costa Rica CEPA in boosting bilateral trade and investment flows, stating, "This

CEPA is a catalyst for deeper economic collaboration, opening new avenues in

trade, investment, and innovation for both our nations. Costa Rica is one of the most

dynamic and forward-thinking economies in Central America, recognised for its

expertise in technology, advanced manufacturing, and commitment to sustainable

growth. Meanwhile, the UAE stands as a global trade and investment hub, offering

Costa Rican businesses unparalleled access to markets across the Middle East, Asia,

and Africa. By removing trade barriers, facilitating investment flows, and fostering

cooperation in key sectors, this agreement lays the foundation for a new era of

mutually beneficial economic prosperity."

On the Costa Rican side, Manuel Tovar Rivera said, "The CEPA with the United

Arab Emirates reflects Costa Rica's strong commitment to market diversification

and expanding our export opportunities. As the first Latin American country to

conclude a trade agreement with the UAE, Costa Rica gains preferential access to a

sophisticated and dynamic market while fostering investment and collaboration in

key sectors for national development. This milestone strengthens our global trade

position and opens new opportunities for strategic industries."

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