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2/27/24, 9:33 AM UAE, Kenya finalise terms of Comprehensive Economic Partnership Agreement – The Gulf Time Newspaper
UAE, Kenya finalise terms of Comprehensive

Economic Partnership Agreement

ABU DHABI / WAM

The United Arab Emirates and Kenya have concluded negotiations on a Comprehensive Economic Partnership
Agreement, ushering in a new chapter of trade relations between the two nations that will secure vital East and

West supply chains, spur investment into priority sectors, and enhance market access for businesses on both
sides.
The CEPA will have significant positive impact on accelerating investment flows in high potential areas such as
logistics, healthcare, travel and tourism, infrastructure, and ICT, and will offer a platform for SME cooperation and

expansion on both sides.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said,“The UAE-Kenya Comprehensive
Economic Partnership Agreement marks a significant milestone in our CEPA program. It is a testament to our

commitment to strengthening economic ties with the African continent and to creating new opportunities for
businesses and investors in both of our countries.
The UAE-Kenya CEPA will not only boost trade and investment, but also foster innovation and sustainable growth

in key sectors such as agriculture, technology and tourism. We look forward to deepening our relationship with
Kenya and to further expanding our presence in Africa as a trusted partner and investor.”
Rebecca Miano, Kenya’s Cabinet Secretary for Investments, Trade and Industry, said, “The Kenyan leadership has
identified trade as a key lever of economic growth and transformation. We are on a national development path that

is seeking to increase industrial output, enhance the quality and global competitiveness of that output, and to
expand the opportunities for its export.
The Comprehensive Economic Partnership Agreement with the UAE will play a key role in these efforts, enabling

our exports to reach important markets in Asia and the Middle East, and also in stimulating the investment inflows
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