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In statements to the Emirates News Agency (WAM), Al Zeyoudi explained that this
agreement establishes a solid foundation for economic integration 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://www.msn.com/en-ae/news/other/uae-colombia-comprehensive-economic-partnership-
agreement-ushers-in-new-era-of-trade-investment-cooperation-al-zeyoudi/ar-AA1nifoG