Page 525 - MOE ENGLISH PR REPORT - JANUARY 2025

1/22/25, 11:28 AM Ministers, Officials Hail Signing Of CEPA Between UAE, New Zealand - UrduPoint
Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said the
CEPA aligns with the UAE leadership’s vision to enhance international cooperation and

build high-value partnerships. He described it as a unique opportunity to expand
industrial collaboration, particularly in technology, advanced manufacturing, and

sustainability.

Abdullah bin Touq Al Marri, Minister of Economy, reaffirmed the UAE's commitment to

fostering sustainable economic and trade relations under the guidance of its leadership.
He emphasised the strategic economic ties with New Zealand, a key economy in the

South Pacific region.

Mohamed Hassan Alsuwaidi, Minister of Investment, said New Zealand’s strong
economy, focused on future-centric sectors, makes it an ideal partner for the UAE’s

investment community.

He noted that the CEPA would enhance investment flows into clean energy,

infrastructure, logistics, tourism, and sustainable food production.

Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and Environment,
noted that the CEPA offers a strategic platform to address global challenges such as

food security and climate change. She praised New Zealand’s leadership in sustainable
agricultural practices and energy independence.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted
the agreement’s role in providing UAE exporters with enhanced access to a

significant market while opening new avenues for investment in priority sectors,
including agriculture and renewable energy.

Al Zeyoudi added that non-oil trade between the two nations reached

US$642 million during the first nine months of 2024, marking an 8 percent increase

compared to the same period in 2023. The agreement is expected to secure a critical
supply chain in the Pacific region, contributing to the UAE’s goal of reaching AED4 trillion

in non-oil foreign trade by 2031.

Ahmed bin Ali Al Sayegh, Minister of State, stated that the CEPA embodies the UAE’s
commitment to strengthening partnerships globally, reflecting its international vision

and dedication to alliances built on mutual interests.

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), said the

CEPA would open new horizons for businesses in both countries to explore investment

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