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2/27/24, 9:36 AM UAE and Kenya finalize terms of a Comprehensive Economic Partnership Agreement - mid-east.info
UAE and Kenya finalize terms of a
Comprehensive Economic Partnership
Agreement
February 23, 2024 9
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: 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 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.”
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