UAE + South Korea wrap up CEPA negotiations: The UAE’s Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and Korean Trade Minister Dukgeun Ahn have concluded negotiations on a CEPA agreement between the two countries, Emirati news agency Wam reports. The CEPA aims to reinforce East-West supply chains, ease two-way FDI flows, and increase joint research and expertise exchange across several sectors. The two countries also inked an MoU to boost bilateral air transport cooperation, which includes increasing national carrier flights between them to 21 flights per week.

UAE + US eye stronger trade ties: Emirati Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met with US Secretary of Commerce Gina Raimondo to discuss boosting bilateral trade ties, Emirati news agency Wam reports. The pair also touched on the need to address global trade issues, including unfair subsidies that distort the market and impact developing countries.

Saudi Arabia + Turkey look to enhance transport and logistics ties: Saudi Transport and Logistics Minister Saleh bin Nasser Al Jasser met with Turkish Transport and Infrastructure Minister Abdul Qadir Oral Oglu to discuss strengthening transport and logistics cooperation, according to a statement. Al Jasser also visited Turkey’s Ambarli port and discussed boosting maritime and logistics ties between both countries with Turkish officials, according to a separate statement.

ALSO WORTH KNOWING-

  • Iraqi Transport Minister Razzaq Al Saadawi met with the EU’s Ambassador to IraqThomas Seyler to discuss strengthening transport cooperation between both countries, including lifting the European embargo on Iraqi Airways. The two sides also discussed Iraq’s USD 17 bn Development Road project. (Statement)
Tags: