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5/1/24, 3:35 PM UAE and Ukraine finalise Cepa terms in boost to war-torn nation's recovery
Ukraine's economy "was more resilient than expected in 2023, with robust
growth outturns, continued sharp disinflation and the maintenance of

adequate reserves", the fund said last month.

However, headwinds are re-emerging in 2024, with growth expected to soften

due to uncertainty about the continuing war and as supply constraints
become more binding.

"The outlook remains subject to exceptionally high downside risks arising

from war-related factors, potential shortfalls in external financing and the
socio-economic impact of policies that may be required if shocks materialise,"
it said.

UAE CEPA DEALS (2024)
The UAE is seeking to sign deals to boost trade and investment flows

Signed and implemented Signed and awaiting implementation
Deals concluded and awaiting signing Talks nearing completion Negotiations launched

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Source: The National

A Flourish map
Non-oil trade between the UAE and Ukraine was estimated at $385.8 million in
2023, while joint foreign direct investment was at about $360 million by the

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