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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
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under-c