UAE-New Zealand Comprehensive Economic Partnership Agreement Enters Into Force
Abu dhabi: The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and New Zealand has officially entered into force, marking a significant advancement in trade and investment relations between the two nations. The landmark agreement, signed in January 2025, creates a robust framework for increased economic cooperation across various sectors. According to Emirates News Agency, the CEPA is expected to boost annual bilateral trade to more than US$5 billion by 2032, a substantial increase from the current average of US$1.5 billion recorded from 2019 to 2023. The agreement will eliminate or reduce tariffs, facilitate smoother customs procedures, and