Page 240 - MOE ENGLISH PR REPORT - MARCH 2025
P. 240
3/20/25, 1:11 PM UAE, Tunisia launch CEPA negotiations
CEPA, which will aim to enhance trade and investment flows by reducing tariffs
and trade barriers, improving market access, and establishing investment pathways
across various sectors.
Al Zeyoudi stated, "Tunisia is a valued partner that presents a diverse range of trade
and investment opportunities that will enhance our mutual economic growth and
prosperity. The start of negotiations towards a Comprehensive Economic
Partnership Agreement represents a pivotal opportunity for both the UAE and
Tunisia to deepen our economic ties and unlock new avenues for trade and
investment."
Al Zeyoudi added that the UAE stands as Tunisia's leading trade partner in the GCC
region. In 2024, non-oil trade between the UAE and Tunisia reached approximately
US$350 million, a growth rate of 7.7% compared to 2023. The CEPA is expected to
serve as a strategic framework for further collaboration and economic integration,
increasing bilateral trade, investment opportunities, and collaboration between both
countries public and private sectors.
Samir Obeid emphasised that the commencement of official negotiations forges an
innovative path for economic and trade cooperation between the two countries. He
stated, "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
https://www.bignewsnetwork.com/news/278110419/uae-tunisia-launch-cepa-negotiations 2/3

