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4/25/24, 3:33 PM Dailyhunt
UAE, Ecuador announce intent to commence CEPA
negotiations
Emirates News Age… . 1d ago
QUITO, Ecuador, 24th April, 2024 (WAM) -- Dr. Thani bin Ahmed Al Zeyoudi, Minister
of State for Foreign Trade, and Sonsoles Garcia, Minister of Production, Foreign Trade, Investments and Fisheries of Ecuador, today
signed a joint statement in Quito announcing the intention to begin negotiations towards a Comprehensive Economic Partnership
Agreement (CEPA) between the UAE and Ecuador, as part of the UAE delegation's visit to several Latin American countries.
This announcement comes after the UAE signed similar agreements with Costa Rica and Colombia, the first two countries in Latin
America to sign last week. The move underscores the UAE's strategic intent to deepen its commercial and investment presence
across Latin America, thereby fostering sustainable economic growth.
The partnership aims to substantially enhance non-oil bilateral trade while fostering increased investment flows between the two
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