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4/24/24, 11:52 AM UAE, Colombia sign major trade pact - ARN News Centre- Trending News, Sports News, Business News, Dubai News, UAE New…

UAE, Colombia sign major trade

pact

News Home More from Business Friday, 19 April 2024 14:31

By ARN News Staff

WAM
The UAE and Colombia have signed a Comprehensive Economic Partnership Agreement

(CEPA).

The pact aims to enhance bilateral trade flows by cutting tariffs, removing barriers and improving

market access for both merchandise and service exports.

It will also open pathways for investment and joint ventures in sectors such as energy, environment,
hospitality, tourism, infrastructure, agriculture and food production.

UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and his Colombian counterpart

Gustavo Petro witnessed the signing of the agreement by Dr. Thani bin Ahmed Al Zeyoudi, UAE
Minister of State for Foreign Trade, and German Umaña, Colombia's Minister of Industry, Commerce

and Tourism.

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