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4/23/24, 4:20 PM UAE, Costa Rica committed to developing resilient and sustainable economies based on innovation: Al Zeyoudi | Emirates News A…
This reflects their commitment to developing resilient,
sustainable, and future-oriented economies relying on
innovation, investment, and trade to drive sustainable
development towards further progress, prosperity, and
well-being.
In statements to the Emirates News Agency (WAM) on
the sidelines of the CEPA signing in San Jose, Al Zeyoudi
added, "Costa Rica is one of the most promising
emerging economies in Central America, located at the
crossroads of trade between the Americas. It presents a
significant opportunity for cooperation in sectors such
as logistics and transportation. Its committment to the
green economy also offers opportunities for renewable
energy and ecotourism projects benefiting the private
sector in both countries."
Dr. Al Zeyoudi affirmed that the agreement will grant the
UAE high access to the Costa Rican market, reaching
98% of tariff lines without customs duties or with
reduced customs duties. This includes aluminium,
polyethylene, heavy machinery, ceramics, glass, copper
and its products, iron and steel and their products,
cement, and others.
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