Page 242 - MOE ENGLISH PR REPORT - AUGUST 2024

8/29/24, 4:29 PM Al Zeyoudi discusses CEPA with Vietnam PM in Hanoi - TAG91.1 - PINOY TALAGA!
Following the visit, Al Zeyoudi expressed his optimism about the future of UAE-Vietnam ties and the benefits of
greater exchange with the ASEAN community as a whole.

“The meetings this week underscore the value of our relationship with Vietnam, a long-standing and strategically

important partner in a high-growth region." He said.

"Our nations both understand the benefits of closer cooperation and more open trade, and there is a clear desire to
work collaboratively across all economic sectors. We are particularly excited about the opportunities in agriculture,
manufacturing and energy, while our investors see the vast potential in the country’s infrastructure, logistics, tourism

and real estate development. Vietnam’s pro-growth policies align closely with our own and the many constructive
conversations we have enjoyed here point the way to a prosperous future for us both,” he added.

The ASEAN region is an increasingly important one for the UAE, sharing $15.3 billion (AED 56 billion) in trade in H1
2023 and representing 5.2 percent of the UAE’s total non-oil foreign trade.

The UAE has now signed and implemented Comprehensive Economic Partnership Agreements with Indonesia and
Cambodia, both key ASEAN nations.

https://www.tag911.ae/en/news/local-news/al-zeyoudi-discusses-cepa-with-vietnam-pm-in-hanoi/ 2/2