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5/1/24, 3:37 PM UAE, Ukraine conclude terms of Comprehensive Economic Partnership Agreement - Business - Economy and Finance - Emirates2…
can expand into the growth markets of Asia and Africa through the UAE, while unlocking new investment pathways that can
reconstitute sectors such as logistics, manufacturing and IT and rebuild essential infrastructure.”

He added, “The agreement will play an active role in the revitalisation of the Ukrainian economy, and we look forward toward the
ratification of the deal and the new opportunities it will create for the business communities on both sides.”

Meanwhile, Yulia Svyrydenko said, “The conclusion of CEPA negotiations between Ukraine and the UAE marks a historic milestone
in our bilateral relations. I am confident that the Ukrainian and Emirati business communities will fully capitalize on the opportunities

presented by the Ukraine-UAE CEPA, thereby unlocking the immense potential in our trade and economic cooperation.”

In 2023, the UAE and Ukraine shared US$385.8 million in non-oil trade, with joint FDI stock standing at US$360 million by the end of
2022 across sectors such as logistics and infrastructure, travel and tourism and advanced technology.

The conclusion of the negotiations with Ukraine is the latest milestone in efforts to expand the UAE’s network of trading partners
across global markets. It adds to the 14 Comprehensive Economic Partnership Agreements that have either already entered into
force, been formally signed, or have been successfully negotiated with strategic markets on the international trade map, including

Africa, South America, Asia, and Europe, and covering more than a quarter of the world’s population.

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