Maldives, UAE Move Toward Major Trade Partnership Agreement
The Maldives government is pursuing a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates, which Chief Spokesperson Mohamed Hussain Shareef (Mundhu) described as practically a free trade agreement and the strongest market access arrangement used by the UAE. Negotiations are at an advanced stage, led by the Ministry of Economic Development and Trade and the UAE Ministry of State for Foreign Trade. The agreement aims to reduce tariffs and remove trade barriers, benefiting Maldives exports and market access.
The Maldives government is pursuing a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates, which Chief Spokesperson Mohamed Hussain Shareef (Mundhu) described as practically a free trade agreement and the strongest market access arrangement used by the UAE. Negotiations are at an advanced stage, led by the Ministry of Economic Development and Trade and the UAE Ministry of State for Foreign Trade. The agreement aims to reduce tariffs and remove trade barriers, benefiting Maldives exports and market access.
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The Maldives government is pursuing a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates, which Chief Spokesperson Mohamed Hussain Shareef (Mundhu) described as practically a free trade agreement and the strongest market access arrangement used by the UAE. Negotiations are at an advanced stage, led by the Ministry of Economic Development and Trade and the UAE Ministry of State for Foreign Trade. The agreement aims to reduce tariffs and remove trade barriers, benefiting Maldives exports and market access.
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Focus: Maldives, UAE Move Toward Major Trade Partnership Agreement
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