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Al Zeyoudi explained that the agreement ensures a high level of trade liberalisation, with the UAE
granting a 98 percent tariff removal for goods from the Central African Republic, while the latter
extends a 99.5 percent tariff removal for UAE exports, offering significant opportunities for Emirati
exporters to expand in the African market.
He highlighted that the agreement provides extensive investment opportunities across various
service sectors, including telecommunications, hospitality, logistics, financial technology, and
broader business sectors. It also enhances trade and investment cooperation in strategic sectors
such as aluminium, ceramics, petrochemicals, iron, silver, gold, food products, and textiles.
Al Zeyoudi added that the partnership focuses on advancing collaboration in future economic
sectors, particularly digital economy and advanced technology, while also opening new
opportunities for small and medium enterprises in both countries and facilitating the launch of
integrated investment projects in the coming phase.
He stressed that the UAE-Central African Republic Comprehensive Economic Partnership
Agreement will strengthen bilateral trade and investment relations, accelerate growth in priority
sectors, create job opportunities, enhance supply chains, and expand the UAE’s global trade
network into new markets for mutual benefit.
https://www.wam.ae/en/article/bij2euw-uae-central-african-republic-cepa-boost-trade

