Page 518 - MOE ENGLISH PR REPORT - JANUARY 2025

Mohamed Hassan Alsuwaidi, Minister of Investment, said New Zealand’s strong

economy, focused on future-centric sectors, makes it an ideal partner for the UAE’s

investment community. He noted that the CEPA would enhance investment flows into

clean energy, infrastructure, logistics, tourism, and sustainable food production.

Dr. Amna bint Abdullah Al Dahak, UAE Minister of Climate Change and

Environment, noted that the CEPA offers a strategic platform to address global

challenges such as food security and climate change. She praised New Zealand’s

leadership in sustainable agricultural practices and energy independence.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted the

agreement’s role in providing UAE exporters with enhanced access to a significant

market while opening new avenues for investment in priority sectors, including

agriculture and renewable energy.

Al Zeyoudi added that non-oil trade between the two nations reached US$642 million

during the first nine months of 2024, marking an 8 percent increase compared to the

same period in 2023. The agreement is expected to secure a critical supply chain in the

Pacific region, contributing to the UAE’s goal of reaching AED4 trillion in non-oil

foreign trade by 2031.

Ahmed bin Ali Al Sayegh, Minister of State, stated that the CEPA embodies the

UAE’s commitment to strengthening partnerships globally, reflecting its international

vision and dedication to alliances built on mutual interests.

Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), said

the CEPA would open new horizons for businesses in both countries to explore

https://www.wam.ae/en/article/bhopam4-ministers-officials-hail-signing-cepa-between-uae