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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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