Page 367 - MOE ENGLISH PR REPORT - JULY 2024

7/25/24, 10:56 AM UAE Officials Highlight Importance of Economic Partnership with Mauritius

The CEPA between the UAE and Mauritius is an important

step in our efforts to forge strategic partnerships that

consolidate our position as a hub for trade and

investment, drive productivity in key export sectors, and

increase the global competitiveness of our business

ecosystem.

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, highlighted the

agreement's potential to develop a significant trade corridor between the UAE and Africa,

enhancing investment opportunities in vital sectors like ports, transport hubs, and tourism

infrastructure. He also noted Mauritius's ambitious clean energy program, which the UAE

could support with its advanced technological expertise.

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology,

emphasized the opportunities the CEPA presents for the UAE’s private sector, particularly

in industrial collaboration and investment. He noted Mauritius’s robust economic growth

and dynamic industrial sector.

Abdullah bin Touq Al Marri, Minister of Economy, described the CEPA as a significant

step in expanding the UAE's global trading network. He stressed that greater economic

integration will enhance the flow of goods and services, create new market opportunities,
and support sectors like logistics, manufacturing, tourism, and financial services.

Mohammed Hassan Al Suwaidi, Minister of Investment, highlighted the CEPA's role in

facilitating investment flows, particularly benefiting Emirati companies in the services

sector. He pointed to sectors like ICT, tourism, and financial services as attractive

investment prospects.

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