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4/25/24, 3:31 PM UAE and Ecuador initiate negotiations for CEPA to boost trade, investment
UAE, Ecuador announce intent to commence CEPA negotiations. (Photo Credit: WAM)

Shared objectives for sustainable economic growth
Dr. Al Zeyoudi highlighted that the initiation of negotiations with Ecuador aligns with the UAE’s ongoing efforts
to solidify its position as a global hub for trade, investment, and logistics. These efforts aim to expand trade
relations with influential global partners like Ecuador, a key ally in trade and investment, with shared objectives
of fostering sustainable economic growth in both nations. He emphasized the substantial opportunities for deeper
economic integration between the UAE and Ecuador in sectors such as agriculture, tourism, infrastructure,
technology, and renewable energy, among others.
Minister Garcia, in turn, underscored the enduring and evolving trade ties between Ecuador and the UAE, driven
by mutual interests in advancing cooperation across various economic sectors. She stressed that the initiation of
CEPA negotiations with the UAE represents a significant step in expanding economic ties, with active
participation from the business communities, private sectors, and investors of both countries.
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