Page 468 - MOE ENGLISH PR - APRIL 2024

4/25/24, 3:30 PM UAE, Ecuador announce intent to commence CEPA negotiations
Speaking on the occasion, Dr. Al Zeyoudi underscored that the commencement of
negotiations with Ecuador aligns with the UAE's ongoing efforts to cement its status as a

global trade, investment, and logistical hub. These efforts aim to expand trade relations

with influential global partners like Ecuador, a key trading and investment ally, with shared
objectives of driving sustainable economic growth in both nations.

He emphasised the vast opportunities for establishing deeper economic integration

between the UAE and Ecuador, particularly in agriculture, tourism, infrastructure,
technology, renewable energy, and others of mutual interest.

In turn, Minister Garcia emphasised the enduring and evolving trade ties between
Ecuador and the UAE, driven by mutual interests in advancing cooperation across various

economic domains.

She stressed that the initiation of CEPA negotiations with the UAE represents a pivotal
step in expanding economic ties, with active participation from both countries' business

communities, private sectors, and investors.

ECONOMY

UAE
ECUADOR
TRADE

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