Page 423 - MOE ENGLISH PR REPORT - FEBRUARY 2024

2/27/24, 9:34 AM UAE and Kenya finalize terms of a Comprehensive Economic Partnership Agreement

UAE and Kenya finalize terms of a

Comprehensive Economic

Partnership Agreement

HE Al Zeyoudi: “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.”

Abu Dhabi, UAE – 23 February, 2024: 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.
His Excellency Dr Thani bin Ahmed Al Zeyoudi 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

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