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President, Deputy Prime Minister and Chairman of the Presidential Court, and
               their wishes 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, lauding the growing non-oil trade
               between the two friendly countries, which reached US$65 million in 2023.


               The two sides highlighted promising prospects for expanding trade and
               investment in mutually interesting sectors, such as renewable energy, tourism,
               food security, information and communication technology, and manufacturing.


               Al Zeyoudi also met with Franz Tattenbach, Minister of Environment and
               Energy of Costa Rica, to discuss trade and investment opportunities in both
               countries and leverage them, to widen their trade and investment cooperation
               to broader horizons.

               Al Zeyoudi also talked to Efraim Zeledon Leiva, Deputy Minister Ministry of
               Public Works and Transport of Costa Rica, to discuss the significant



               https://en.aletihad.ae/news/uae/4479782/uae--costa-rica-inaugurate-new-trade--investment-era-
               under-c
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