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3/18/25, 9:32 AM UAE, Central African Republic CEPA To Boost Trade Beyond AED3.67 Billion - UrduPoint
AED3.67 billion over the next five to seven years in a way that serves the interests
of both nations.
He noted that non-oil trade between the UAE and the Central African
Republic continues to grow, reaching over AED925 million in 2024, highlighting the
rapid expansion of trade exchanges between the two countries.
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.
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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.
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