Page 643 - MOE ENGLISH PR - APRIL 2024
P. 643
4/23/24, 4:37 PM UAE, Costa Rica inaugurate new trade, investment era under CEPA
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 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.
https://www.aninews.in/news/world/middle-east/uae-costa-rica-inaugurate-new-trade-investment-era-under-cepa20240418225536/ 3/5