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UAE-Vietnam CEPA marks substantial

advancement within broader strategy to fortify

Emirates' global economic partnerships: Ministers

28 Oct 2024 22:12

DUBAI (WAM)

UAE government ministers and officials, alongside top executives from local entities, have
underscored the importance of the Comprehensive Economic Partnership Agreement (CEPA) with
the Socialist Republic of Vietnam.

They have noted that this CEPA marks a substantial advancement within the UAE's broader strategy
to fortify its global economic partnerships.

Vietnam, recognised as a strategic partner and a leading economic power in Asia, is a key
component of this endeavour.

Minister of State for Financial Affairs, Mohamed Hadi Al Hussaini, said, "With the signing of the
Comprehensive Economic Partnership Agreement between the UAE and Vietnam, we are opening
new paths for economic cooperation that will benefit both countries. By removing trade barriers
and improving market access, this agreement will not only boost bilateral trade but also create new
investment opportunities, supporting growth, diversification, and solidifying our position as a global
hub for trade and investment."

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