Page 624 - MOE ENGLISH PR REPORT - OCTOBER 2024
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Khalifa Shaheen Al Marar, Minister of State, noted, "This agreement enhances bilateral economic
               cooperation and provides new investment opportunities in energy, manufacturing, agriculture, and
               transportation."
               Ahmed Ali Al Sayegh, Minister of State, stated that CEPA will align the efforts of both nations to
               achieve sustainable growth and comprehensive development, contributing to greater political and
               economic stability in the region. He expressed optimism about exploring new trade and investment
               opportunities that will bring long-term benefits to both countries and the broader Arab world.

               Khaled Mohamed Balama, Governor of the Central Bank of the UAE, said that the CEPA offers new
               opportunities for financial cooperation, further facilitating the bilateral flow of goods, services and
               investments, solidifying the UAE’s position as a global hub for business and innovation.

               Ahmed Abdullah bin Lahej Al Falasi, Director-General of Customs at the Federal Authority for
               Identity, Citizenship, Customs and Port Security, said that the agreement will facilitate increased
               bilateral trade flows by reducing tariffs, removing trade barriers, and aligning customs procedures,
               including re-exports, which will boost productivity across all industrial sectors.
               “The agreement also supports the national vision to expand foreign trade, contributing to the goal of
               doubling the size of the UAE's economy by 2031.”

               Abdulla Mohammed Al Basti, Secretary-General of the Executive Council of Dubai, highlighted,
               "The agreement allows Jordanian businesses to tap into global markets through the UAE's
               advanced infrastructure, while expanding investment opportunities in sectors like tourism and
               healthcare in Jordan,and supporting the development of vital regional supply chains."










































               https://www.wam.ae/article/b5kak1b-cepa-with-jordan-strategic-leap-for-trade
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