Page 537 - MOE ENGLISH PR REPORT - OCTOBER 2024

10/23/24, 9:50 AM UAE, Malaysia conclude negotiations towards CEPA – The Gulf Time Newspaper
“The CEPA is also a strategic lever for UAE-based companies to optimise Malaysia as a gateway into the ASEAN market,
which in turn, will provide tremendous opportunities for our businesses – particularly the SMEs – through integration into
regional supply chains, capacity-building and knowledge sharing via the UAE investors. MITI looks forward to working closely
with Dr Thani bin Ahmed Al Zeyoudi to ensure the swift ratification an implementation of the CEPA,” continued Zafrul Aziz.
The UAE’s CEPA programme aims to increase the country’s non-oil foreign trade to AED4 trillion by expanding relations with
strategically important markets around the world.
It has seen the UAE strengthen ties with the ASEAN bloc, with Comprehensive Economic Partnership Agreements with
Indonesia and Cambodia now in operation, each helping to accelerate bilateral trade.

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