Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, has received Damien O'Connor, New Zealand's Minister of Trade and Export Growth, in Dubai as the two nations explore deeper economic collaboration, including the pursuit of a Comprehensive Economic Partnership Agreement.
Thani Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade has said that the India-UAE Comprehensive Economic Partnership Agreement (CEPA) agreement signed in 2022 has benefited the bilateral trade between the two nations.
The CEPA, signed during a virtual summit in March 2022 with the participation of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Recep Tayyip Erdogan of Türkiye, has been officially ratified by their governments in preparation for its implementation.
“Now, just like that, the Rupee-Dirham mechanism which we have just signed, is the first one for both of us. In that sense, it's extremely significant. I actually see it as a paradigm shift in how we can make trade settlements”, he added.
During the past ten years (2013-2022), the trade growth rate between the two countries amounted to 18.2 per cent, from AED 159.72 billion to AED188.8 billion last year, to reach AED1.41 trillion in 10 years.
"We have seen a significant jump, qualitative enhancement, in the substance of our engagement across the whole range of areas since the signing of the CEPA (Comprehensive Economic Partnership Agreement). And the partnership has continued to grow from strength to strength. This is particul
Dubai Customs has implemented customs policies to support trade exchanges with partner countries as part of comprehensive economic partnership agreements.
During an extensive meeting organised by Dubai Customs with an economic and diplomatic delegation from Turkiye, Ahmed Mahboob Musabih, the Director General of Dubai Customs and the CEO of Ports, Customs and Free Zone Corporation, confirmed that the Comprehensive Economic Partnership Agreemen
The meeting between His Highness Sheikh Mohamed and the Turkish President follows the signing earlier this year of a Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Turkiye that aims to enhance strategic cooperation and sustainable economic growth for the benefit of t
Announced during the CEPA Beyond Trade celebration, IJEX will provide a platform for India's micro, small, and medium jewellery enterprises (MSMEs) to showcase their products to the Middle East market from its location in Dubai's Gold Souq.
DP World's Jebel Ali Free Zone (Jafza) is supporting the growth of India - UAE bilateral trade relations by outlining its efforts to drive towards the $100 billion goal for non-oil trade over the next five years.