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It will also unlock "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 towards the ratification of the deal and the new
opportunities it will create for the business communities on both sides.”
The UAE's Cepa programme is expected to bolster the UAE’s exports by 33 per
cent and contribute more than Dh153 billion ($41.7 billion) to national GDP by
2031.
Its benefits include enhanced market access, lower or eliminated tariff rules,
simpler customs procedures, transparency and rule-based competition.
Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, and Yulia Svyrydenko, Ukraine’s First Deputy Prime Minister
and Minister of Economic Development and Trade, during the signing of a joint statement to conclude Cepa talks.
Wam© Provided by The National
Ukraine's economy, which was hit hard after Russia's invasion in February 2022,
has started to gradually recover.
https://www.msn.com/en-ae/money/news/uae-and-ukraine-finalise-cepa-terms-in-boost-to-war-
torn-nations-recovery/ar-AA1nRnsN