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opportunities available to investors and entrepreneurs in the transportation,
logistics services, and infrastructure sectors.

Al Zeyoudi stressed that Costa Rica is one of the most promising economies
in Central America, with many areas of cooperation with the UAE. Both
countries are committed to developing flexible and sustainable economies
focused on innovation, investment, and trade.

He affirmed that the CEPA with Costa Rica would give the UAE significant
market access, with 98 percent of tariff lines duty-free or with reduced tariffs,
including aluminium, polyethylene, heavy machinery, ceramics, glass, copper,
and related products, iron and steel and related products, and cement.

The agreement will enhance the access of Emirati service providers to the
Costa Rican market across a wide range of sectors, including business and
communications; construction and engineering contracting; distribution;
education; the environment; financial services; health and social care; tourism
and travel; entertainment services; culture and sports; and transportation, he
added.

As part of the visit, Al Zeyoudi participated in a high-level roundtable
discussion with senior corporate executives and investors from both countries.
The discussion aimed to enhance cooperation between the private sectors of
both sides, starting with exchanging ideas and experiences and exploring
potential investment and partnership opportunities.

During the roundtable, Al Zeyoudi invited participants to explore the available
business and investment opportunities in both countries, highlighting the
UAE’s business-friendly environment and its significant role as a global trade
hub, which provides international investors with many unique opportunities in
key economic sectors.

Rawdha Mohamed Alotaiba, UAE Ambassador to Costa Rica, attended the
meetings. The UAE delegation included Rashed Abdulkarim Al Blooshi,
Under-Secretary of the Abu Dhabi Department of Economic Development

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