Page 610 - MOE ENGLISH PR - APRIL 2024
P. 610
between the business communities and private sectors in both countries,
encompassing a wide range of priority sectors.
He pointed out that CEPA will contribute to creating numerous promising
investment and trade opportunities, stimulating trade flows between the two
sides, and building a flexible and efficient supply chain network that will
benefit the economies of both the UAE and Colombia.
Al Zeyoudi further emphasised that the CEPA will grant the UAE extensive
access to the Colombian market and the South American markets as a whole,
by reducing or eliminating customs duties, enhancing market access, and
empowering joint ventures.
Dr. Al Zeyoudi stated that the agreement will open up new avenues for
investment in vital areas such as energy, advanced technology, healthcare,
tourism, and the environment, offering exceptional opportunities for the UAE's
private sector.
The CEPA between the UAE and Colombia is a significant achievement that
strengthens bilateral relations between the two countries and contributes to
achieving sustainable economic development for both.
https://en.aletihad.ae/news/business/4479994/uae-colombia-comprehensive-economic-
partnership-agreement-us
