Page 465 - MOE ENGLISH PR - APRIL 2024

4/25/24, 3:30 PM UAE and Ecuador begin Cepa talks to bolster trade ties
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

Source: The National

A Flourish map
Non-oil trade with Turkey, which contributed 5.1 per cent to the UAE's total,

grew by 103.7 per cent year on year in 2023, the highest among the top 10
trading partners. This came after the two countries brought their Cepa into

effect in September.

Trade with India, which signed a Cepa with the UAE in May 2022, grew by 3.9

per cent, accounting for more than 7.6 per cent of the total trade, the Emirates
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announced in February.

The UAE is expected to exceed its initial target of signing 26 Cepas because of

its pace of work and interest from other countries, Dr Al Zeyoudi, told The
National in March.

It also aims to conclude more trade deals with African countries, according to
Juma Al Kait, assistant undersecretary for international trade affairs at the

Ministry of Economy.

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