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UAE signs trade deals with Malaysia, Kenya, New Zealand

The United Arab Emirates has signed trade agreements with Malaysia, Kenya, and New Zealand as part of its efforts to strengthen its post-oil economy plans. The deals, known as Comprehensive Economic Partnership Agreements (CEPAs), aim to reduce the UAE's dependence on fossil fuels and promote long-term growth. The agreements cover various sectors, including data centers, artificial intelligence, logistics, ports, food security, and pharmaceuticals. Non-oil bilateral trade between the UAE and these countries has been steadily increasing. The UAE also plans to initiate bilateral talks for a trade deal with the European Union this year.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14283621/UAE-signs-trade-deals-Malaysia-Kenya-New-Zealand.html
Source Id: 8500011054

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