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UAE, Morocco finalise terms of Comprehensive

Economic Partnership Agreement

UAE, Morocco finalise terms of Comprehensive Economic Partnership Agreement

27 July 2024 21:27
RABAT (WAM)

The United Arab Emirates and the Kingdom of Morocco have finalised the terms of a
Comprehensive Economic Partnership Agreement (CEPA) that will launch a new chapter of
mutually beneficial trade and investment ties between the two countries.

The conclusion of negotiations was confirmed by the signing of a joint statement by Dr. Thani
bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, and Ryad Mezzour, Minister of
Industry and Trade of the Kingdom of Morocco.

Upon implementation, the UAE-Morocco CEPA will facilitate the free flow of goods and services
by reducing or removing tariffs, eliminating unnecessary barriers to trade, improving market
access for services, enhancing customs harmonisation and establishing flexible rules of origin
for goods.

It will also establish platforms for investment and private-sector collaboration in priority sectors
such as renewable energy, tourism, infrastructure, mining, food security, transport, logistics, and
ICT.

https://en.aletihad.ae/news/uae/4503257/uae--morocco-finalise-terms-of-comprehensive-
economic-partne