2023-06-12 22:06:13
Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al-Zeyoudi, confirmed that the UAE continues to expand its network of trade partners around the world by concluding comprehensive economic partnership agreements, expecting to conclude more agreements before the end of this year 2023.
He said, “The comprehensive economic partnership agreements talks are witnessing remarkable progress with many countries of strategic importance on the map of international trade, including: Chile, Costa Rica, the Eurasian Union, Thailand, and Ukraine.”
He added, “The Emirati-Turkish Comprehensive Economic Partnership Agreement has been ratified by the governments of the two countries, so that it will enter into force within two months, just as the talks on the partnership agreement with Vietnam were launched a few days ago.”
On the signing of the Comprehensive Economic Partnership Agreement with Cambodia, Al-Zeyoudi said, “The agreement with Cambodia is entering the stage of completing the rest of the usual technical and legal procedures in both countries in preparation for its ratification, and it will enter into force within 60 days after its ratification,” expecting the agreement to enter into force. before the last quarter of this year.
He added: «The agreement will contribute to providing better access for Emirati products to the Cambodian market while ensuring the entry of 71.3% of Emirati goods, according to the number of customs tariff items exempted from customs duties since the first day of the entry into force of the agreement, covering more than 81% of the goods and commodities that are imported. The UAE exports it to the world.
Al-Zeyoudi said, “The agreement with Cambodia provides the UAE with an important bridge in the heart of the rapidly growing Asian economy.”
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