{"id":74120,"date":"2023-10-12T00:00:00","date_gmt":"2023-10-12T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/12\/uae-plans-to-sign-six-cepas-by-year-end-wants-to-boost-trade-ties-with-vietnam\/"},"modified":"2023-10-12T00:00:00","modified_gmt":"2023-10-12T00:00:00","slug":"uae-plans-to-sign-six-cepas-by-year-end-wants-to-boost-trade-ties-with-vietnam","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2023\/10\/12\/uae-plans-to-sign-six-cepas-by-year-end-wants-to-boost-trade-ties-with-vietnam\/","title":{"rendered":"UAE plans to sign six CEPAs by year-end + wants to boost trade ties with Vietnam"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>UAE + Vietnam to boost trade ties: <\/strong>The UAE\u2019s Foreign Trade Minister Thani bin Ahmed Al Zeyoudi met with Vietnamese Industry and Trade Minister Nguyen Hong Dien at the fifth UAE-Vietnam Joint Committee in Hanoi to discuss strengthening trade and transport cooperation, <a target=\"_blank\" href=\"https:\/\/www.wam.ae\/en\/details\/1395303206680#:~:text=HANOI%2C%208th%20October%2C%202023%20(,Minister%20of%20Industry%20and%20Trade.\" style=\"\" rel=\"noopener\">Wam<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>REMEMBER- <\/strong>The UAE is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/a1aab053-563b-409c-8582-555b897eba7c\" style=\"\" rel=\"noopener\">set to finalize<\/a> a CEPA with Vietnam this year. It <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/39d099d8-a4e7-4cf0-ac34-66ec93101cad\" style=\"\" rel=\"noopener\">signed<\/a> in April a joint declaration of intent to begin talks on the agreement before <a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/ec0671f2-a2ae-4814-ae62-997cfadb0a19\" style=\"\" rel=\"noopener\">launching negotiations<\/a> in June.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <strong>The UAE is in the process of finalizing six comprehensive economic partnership <\/strong><strong>agreements<\/strong> (<a target=\"_blank\" href=\"https:\/\/enterprise.news\/logistics\/en\/news\/story\/97b0c0a4-e45c-4c5b-a64c-22fe6285d1d0\" style=\"\" rel=\"noopener\">CEPAs<\/a>) with South Korea, Thailand, Chile, Costa Rica, Colombia, and Ukraine, with plans to sign them by year-end, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303207893\" style=\"\" rel=\"noopener\">Wam<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The CEPA between the UAE and Georgia was <\/strong><strong><a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303207885\" style=\"\" rel=\"noopener\">inked earlier this week<\/a><\/strong><strong> is expected to nearly triple non-oil bilateral trade between the two countries to USD 1.5 bn<\/strong> from USD 481 mn in five years, <a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303207885\" style=\"\" rel=\"noopener\">Wam<\/a> reports. In 1H 2023, bilateral trade grew 28% y-o-y to USD 225 mn. The agreement, which will come into effect by 1Q 2024, is expected to add USD 4 bn to the Gulf country\u2019s GDP by 2031, <a target=\"_blank\" href=\"https:\/\/www.thenationalnews.com\/business\/economy\/2023\/10\/10\/uae-georgia-cepa-deal-to-add-4-billion-to-national-gdp-by-2031-minister-says\/\" style=\"\" rel=\"noopener\">The National<\/a> reports.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ALSO WORTH KNOWING-<\/strong><\/p>\n<ul>\n<li><strong>The Romanian Business Council has <\/strong><strong>launche<\/strong><strong>d in the UAE.<\/strong> The council aims to increase bilateral trade to USD 100 bn, boost cooperation between the two countries\u2019 business communities and bolster investment, according to President of the Romanian Council Marius Marinoff. (<a target=\"_blank\" href=\"https:\/\/wam.ae\/en\/details\/1395303208147\" style=\"\" rel=\"noopener\">Wam<\/a>)<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>The UAE\u2019s bilateral trade with Georgia is expected to triple in five years under their CEPA<\/p>\n","protected":false},"author":1,"featured_media":74121,"comment_status":"","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":[53],"tags":[634,52,17,32,129,408],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-74120","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-cepa","tag-diplomacy","tag-enterprise-logistics","tag-trade","tag-uae","tag-vietnam","wpautop","entry"],"acf":{"mongo_id":"c005ec90-bf77-4602-945a-548f373e084f","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/10\/605.jpg","photo_position":"above","homepage_title":"","full_issue_title":"UAE plans to sign six CEPAs by year-end + wants to boost trade ties with Vietnam","related_issue":[74110],"teaser":"The UAE\u2019s bilateral trade with Georgia is expected to triple in five years under their CEPA","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/10\/.45c92582-3b0d-4b6c-bf37-fafe0cb8b5ba.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UAE plans to sign six CEPAs by year-end + wants to boost trade ties with Vietnam - Logistics<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/logistics\/2023\/10\/12\/uae-plans-to-sign-six-cepas-by-year-end-wants-to-boost-trade-ties-with-vietnam\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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