UAE + Azerbaijan’s comprehensive economic partnership agreement is live

UAE, Azerbaijan CEPA enters into force

UAE, Azerbaijan CEPA goes into force: The UAE and Azerbaijan’s comprehensive economic partnership agreement, also known as CEPA, has gone into force, state news agency Wam reports. The Cepa, initially signed in July, is expected to eliminate or reduce tariffs on a “majority of goods and services,” according to the news agency. The UAE’s CEPA program has helped solidify the country as one of the major trade hubs in the region and helped it secure a spot as one of the top 10 goods exporters for the first time last year.