Page 597 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 1

2/26/25, 4:15 PM UAE-Ukraines CEPA Will Enter Into Force This Year - UrduPoint
the UAE with a European nation.

TAP TO UNM

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At the same time, Ukraine is one of the world’s leading producers and exporters

of grains such as wheat and barley, two critical commodities for achieving

the UAE’s national food security objectives.

He stressed that securing the flow of food supplies is a key pillar of the UAE’s

Comprehensive Economic Partnership Agreements. He highlighted that
the agreement aims to support Ukraine’s economic recovery efforts once peace is

restored in the region and to open new markets for Ukrainian products.

Furthermore, he noted that the agreement will create a new platform for

investment partnerships between business communities in both countries,

focusing on promising sectors such as infrastructure, heavy industries, aviation,
space sciences, and information technology.

He explained that the UAE’s partnership with Ukraine aims to strengthen bilateral

trade by reducing or eliminating customs duties, removing unnecessary barriers

to free trade, expanding service exports to diverse markets, establishing a clear

mechanism for resolving trade disputes, facilitating digital trade, creating a
dedicated platform for small and medium-sized enterprises (SMEs) to collaborate

and grow globally, and exploring opportunities for suppliers to participate

in government tenders in both countries.

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