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7/29/24, 3:21 PM UAE, Morocco finalise terms of Comprehensive Economic Partnership Agreement
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UAE, Morocco finalise terms of Comprehensive Economic
Partnership Agreement
ANI | Updated: Jul 28, 2024 04:17 IST
Abu Dhabi [UAE], July 28 (ANI/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.
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