Page 206 - MOE ENGLISH PR REPORT - MARCH 2025
P. 206
3/26/25, 2:48 PM UAE and Tunisia begins CEPA talks to boost economic ties
Samir Obeid commented that the commencement of official negotiations forges
an innovative path for economic and trade cooperation between the two
countries.
“The agreement we are working towards will mark a pivotal shift in establishing a
comprehensive new framework for economic and trade collaboration between our
nations, serving the interests of both countries and opening up extensive
opportunities for joint cooperation in priority areas, ensuring mutual benefits for
both sides,” the Tunisian minister added.
Upon successful conclusion, the CEPA has the potential to unlock significant
investment opportunities in Tunisia, with its diverse economy and strong export
portfolio that includes key sectors such as agriculture, manufacturing, and
renewable energy. The CEPA will serve as a catalyst for collaboration, enabling
UAE investors to explore a range of high-potential sectors while enhancing
Tunisia’s access to GCC and global markets.
The initiation of negotiations with Tunisia aligns with the UAE’s broader strategy
to double the size of its economy and further expand its role in international trade.
With 26 CEPA’s concluded and numerous agreements already in force, the
program has played a crucial role in enhancing access to high-growth markets,
contributing significantly to the UAE’s total trade that, in 2024, reached an all-time
high of $816 billion, marking a 14.6 percent increase over 2023.
https://www.gccbusinessnews.com/uae-and-tunisia-begins-cepa-talks/ 3/3