News: UAE Promoting Foreign Trade and Economic Growth
Representing 95% of the global trade market, the UAE plans to sign the Comprehensive Economic Partnership Agreements (CEPA) with 22 countries. In 2022, India and the UAE signed the first CEPA agreement and followed up with additional agreements with Indonesia, Israel, and Turkey.
The UAE is planning to begin pact negotiations with Chile, Vietnam, Ukraine, Kenya, Pakistan, and Thailand. Prior to meeting with these countries, the UAE drafted a survey to gain input from business owners, industrialists, and entrepreneurs. This survey is intended to learn the challenges businesses face and it will help the UAE optimize trade with the other countries.
For more information, please visit the news article on UAE’s ambitious goal of covering 103 countries through free trade pacts.
