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4/23/24, 4:34 PM UAE, Costa Rica inaugurate new trade, investment era under CEPA | Emirates News Agency
for further prosperity, progress and well-being to the

leadership and people of Costa Rica.

President Chaves and Al Zeyoudi affirmed that the

agreement would significantly enhance bilateral trade

and mutual investments between the two countries by

eliminating tariffs, reducing trade barriers, promoting

the exchange of goods, capital, and ideas between their

thriving economies, and encouraging cooperation in the

private sector.

The Comprehensive Economic Partnership Agreement

(CEPA) between the two countries is the latest step in

the UAE's foreign trade programme, launched to

increase the country's non-oil foreign trade value to

more than AED4 trillion by 2031.

During the visit, Al Zeyoudi met with several ministers

and senior government officials to accelerate economic

cooperation between the two countries. The parties

then celebrated the signing of the CEPA and its role in

initiating a new era in their relations.

During the Emirati delegation’s visit, Al Zeyoudi met with

Manuel Tovar, Minister of Foreign Trade of Costa Rica,

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