{"id":86802,"date":"2024-09-18T00:00:00","date_gmt":"2024-09-18T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2024\/09\/18\/uae-australia-agree-on-cepa-terms-to-boost-green-sector-investments-saudi-uk-discuss-mining-cooperation\/"},"modified":"2024-09-18T00:00:00","modified_gmt":"2024-09-18T00:00:00","slug":"uae-australia-agree-on-cepa-terms-to-boost-green-sector-investments-saudi-uk-discuss-mining-cooperation","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2024\/09\/18\/uae-australia-agree-on-cepa-terms-to-boost-green-sector-investments-saudi-uk-discuss-mining-cooperation\/","title":{"rendered":"UAE, Australia agree on CEPA terms to boost green sector investments + Saudi, UK discuss mining cooperation"},"content":{"rendered":"

<\/strong>UAE, Australia to boost green investments: <\/strong>The UAE and Australia agreed the terms of a comprehensive economic partnership agreement (CEPA) to facilitate investment in \u201cpriority sectors\u201d including renewable energy and critical mineral supply chains, Bloomberg<\/a> reports. The trade agreement is the Australian labor government's first since taking office in May 2022, and Australia\u2019s first with a country in the MENA region, Australia\u2019s Trade Minister Don Farrell said in a statement<\/a>. <\/p>\n

(** Tap or click the headline above to read this story with all of the links<\/strong> to our background and outside sources.)<\/p>\n

The details:<\/strong> The agreement includes provisions to ramp up Abu Dhabi\u2019s investment in Australia\u2019s critical minerals. The mining industry will also benefit from tariff reductions on alumina exports. The CEPA is slated to take effect later this year, and is expected to boost Australian exports by AUD 678 mn (USD 458 mn) annually. <\/p>\n

\n

\n

KSA + UK discuss expanding industrial and mining cooperation:<\/strong> KSA\u2019s Minister of Industry and Mineral Resources Bandar Alkhorayef met with UK Secretary of State for Business and Trade Jonathan Reynolds to discuss enhancing industrial and mining cooperation, SPA<\/a> reports. The discussions focused on attracting British investment to Saudi Arabia\u2019s industrial and mining sectors to leverage the country\u2019s rich natural resources and advanced infrastructure.<\/p>\n","protected":false},"excerpt":{"rendered":"

KSA is looking for investments from the UK.<\/p>\n","protected":false},"author":1,"featured_media":86803,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[62],"tags":[61,107,11,196,88,159,52],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-86802","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate-diplomacy","tag-climate-diplomacy","tag-critical-minerals","tag-enterpriseclimate","tag-mining","tag-renewables","tag-saudi-arabia","tag-uae","wpautop","entry"],"acf":{"mongo_id":"36e96453-51ef-4b7c-ac64-07be570b524d","order":"7","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2024\/9\/1400.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE, 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