Lots of CEPA agreements: Foreign Trade Minister Thani Al Zeyoudi signed the UAE’s Comprehensive Economic Partnership Agreement (CEPA) with Colombia, marking the “first such bilateral agreement between the Gulf and South America,” Al Zeyoudi said on X. The agreement is set to eliminate or reduce tariffs in multiple supply chains and aims to remove trade barriers and enhance market access in sectors such as energy, telecommunications, tourism, and food production, Reuters reports. Al Zeyoudi also concluded negotiations on a CEPA with the Philippines to boost existing ties and capital flows by facilitating new investments and joint ventures, WAM reports.

UAE x Uzbekistan for “good-faith investment:” A new MoU between the Investment Ministry and its Uzekistani counterpart will establish a foundation for investment in key sectors in Uzbekistan, with a focus on renewable power generation projects, according to a press release. The agreement will develop a joint work plan, encouraging close cooperation between the countries’ government agencies, regulatory authorities, and private sector firms.

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