Page 268 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/24/25, 9:48 AM UAE, Costa Rica promote trade, investment opportunities
Under CEPA, these industries will gain improved market access to the UAE and its

global trade corridors. Similarly, the UAE's world-class logistics network and free

trade zones provide Costa Rican businesses with a strategic gateway to expand into

global markets.

Non-oil trade between the UAE and Costa Rica has seen steady growth, reaching

US$82.6 million in 2024, a 27.5% increase compared to 2023 and more than double

pre-pandemic levels.

The CEPA is expected to accelerate this momentum by facilitating the movement of

goods and services, fostering private-sector collaboration, and unlocking new

investment opportunities.

The UAE continues to enhance its economic presence in Central America,

positioning itself as a key trade and investment partner for the region. The country

has already made strategic investments in sectors such as logistics, IT, renewable

energy, and real estate in Costa Rica and sees further opportunities to deepen

relations and broaden bilateral cooperation.

The forum concluded with business sessions and networking opportunities,
enabling UAE and Costa Rican companies to explore partnerships and identify new

areas for collaboration.

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