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3/5/24, 10:38 AM                       UAE aims to conclude more Cepas with African countries to boost trade ties
            The Emirates has already completed talks with Kenya, Mauritius and the Republic of Congo and it
            aims to conclude more deals with African countries, Juma Mohamed Al Kait, assistant undersecretary
            for international trade affairs at the Ministry of Economy, said.

            He spoke to The National on the sidelines of the World Trade Organisation’s 13th ministerial
            conference in Abu Dhabi on Wednesday.

            “More deals with African countries will increase the market and enlarge our Cepas in Africa,” Mr Al
            Kait said.

            “There are a number of agreements that will be announced down the road.”

            Last week, the UAE and Kenya concluded negotiations for a Cepa in a milestone deal that will
            provide further access to the high-growth country and expansion into sectors from food to
            technology.

            The two trading partners will seek to tap into opportunities in sectors including food production,
            mining, technology and logistics, Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, said in a
            post on X on Friday.

                                          The pact comes after the UAE concluded the terms of a deal with
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            UAE's non-oil foreign trade hit  Mauritius and the Republic of Congo in December.
            record $953bn in 2023         The UAE has already concluded Cepas with India, Israel, Indonesia,

            UAE and Mauritius finalise terms of  Turkey, Georgia, Cambodia, Colombia, South Korea and Costa Rica.
            Cepa deal to boost trade and
            investment ties               “We have signed a number of Cepa agreements that have already
                                          entered into force. Now we are doing an awareness campaign for the
                                          private sector to utilise those agreements in the best way,” Mr Al Kait
            said.

            “Those agreements will not only benefit the private sector in the UAE but also the investors who
            would like also to establish their businesses here and grow from [the] UAE to the region.”

            He expressed optimism that member countries would iron out differences to finalise new agreements
            during the WTO ministerial conference in Abu Dhabi.

            "As a host, we will do our best to facilitate and to bring positions closer," Mr Al Kait said.

            "The principle in this organisation is consensus. So, we want to make sure that everyone is included
            in the discussion and also their concerns are covered and addressed in those agreements.”


            During the conference, member countries are discussing WTO reforms, minimising agriculture and
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            fisheries subsidies, and whether to extend the existing e-commerce moratorium, among others.

            The UAE is providing a $10 million grant to support several crucial initiatives of the WTO, including
            the Fisheries Funding Mechanism, the Enhanced Integrated Framework, and the Women Exporters in
            the Digital Economy Fund.









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