{"id":75851,"date":"2024-01-02T00:00:00","date_gmt":"2024-01-02T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/logistics\/2024\/01\/02\/gcc-south-korea-ink-trade-agreement-uae-congo-wrap-cepa-talks-plus-more-from-ksa-and-iraq\/"},"modified":"2024-01-02T00:00:00","modified_gmt":"2024-01-02T00:00:00","slug":"gcc-south-korea-ink-trade-agreement-uae-congo-wrap-cepa-talks-plus-more-from-ksa-and-iraq","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/logistics\/2024\/01\/02\/gcc-south-korea-ink-trade-agreement-uae-congo-wrap-cepa-talks-plus-more-from-ksa-and-iraq\/","title":{"rendered":"GCC, South Korea ink trade agreement + UAE, Congo wrap CEPA talks. PLUS: More from KSA and Iraq"},"content":{"rendered":"

GCC + South Korea ink trade agreement<\/strong>:<\/strong> Secretary General of the Gulf Cooperation Council (GCC) Jasem Mohamed Albudaiwi and South Korean Trade Minister Ahn Dukgeung have signed a trade agreement aimed at boosting trade exchange and economic diversification between South Korea and GCC countries, according to a statement<\/a>. The 18-chapter agreement covers government procurement, digital trade, cooperation in small and medium-sized enterprises, and customs procedures. <\/p>\n

REMEMBER- <\/strong>The GCC also inked<\/a> a trade agreement with Pakistan back in September. <\/p>\n

UAE + Congo wrap up CEPA negotiations: <\/strong>The UAE\u2019s Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and Congo\u2019s Economy and Finance Minister Jean-Baptiste Ondaye have concluded negotiations on a CEPA agreement between the two countries, Emirati News Agency Wam<\/a> reports. The CEPA is set to lower or remove tariffs, eliminate barriers to trade, enhance market access and customs procedures, as well as boost investment and private sector ties in strategic sectors.<\/p>\n

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Saudi Arabia + Tunisia eye stronger trade ties: <\/strong>Saudi Arabia\u2019s Industry and Mineral Resource Minister Bandar Ibrahim Alkhorayef met with Tunisian President Kais Saied to discuss enhancing trade cooperation, SPA<\/a> reports. The pair touched on increasing Saudi non-oil exports to Tunisia as well as boosting investment cooperation with the private sector. Officials from the two countries also inked seven MoUs to strengthen cooperation between the two countries in several fields at the countries\u2019 joint committee meeting. <\/p>\n

Iraq\u2019s prime minister invites Spanish companies to bid for Iraqi logistics <\/strong>infrastructure projects:<\/strong> Iraqi Prime Minister Mohammed Shia Al Sudani has invited Spanish companies to partake in projects slated to develop Iraq\u2019s logistics and transport infrastructure in a meeting with Spain\u2019s Prime Minister Pedro S\u00e1nchez and Spanish business leaders, according to a statement<\/a>. Projects that were highlighted for contributions from Spanish firms include the Development Road, the Baghdad Metro, upgrades to Baghdad International Airport, and various railway initiatives. Al Sudani also encouraged Spanish firms to set up shop in Iraq\u2019s trade zones. <\/p>\n

ALSO WORTH KNOWING-<\/strong><\/p>\n