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10/23/24, 9:54 AM                              UAE, Malaysia conclude negotiations towards CEPA














































        UAE, Malaysia conclude negotiations towards



        CEPA



        WAM
        10 Oct 2024, 19:07 GMT+10




                  KUALA LUMPUR, 10th October, 2024 (WAM) -- Dr. Thani bin Ahmed Al Zeyoudi,

                  Minister of State for Foreign Trade, and Zafrul Aziz, Minister of Investment, Trade
                  and Industry for Malaysia, have confirmed the conclusion of negotiations towards a

                  Comprehensive Economic Partnership Agreement (CEPA) between the two nations
                  that seeks to eliminate or lower tariffs, reduce barriers to trade, promote private-

                  sector collaboration and establish new pathways for investment.


                  It builds on deepening economic ties between two nations, which in 2023 saw

                  bilateral non-oil trade exceed US$4.9 billion. In the first half of 2024, non-oil trade
                  reached US$2.5 billion, a 7 percent increase compared to the same period in 2023.




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