阿联酋与新西兰全面经济伙伴关系协定生效

Core Points - The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and New Zealand has officially come into effect, marking significant progress in trade and investment relations between the two countries [1] - CEPA is expected to increase the average annual bilateral trade to over $5 billion by 2032, a substantial rise from the average of $1.5 billion during the period from 2019 to 2023 [1] - The agreement will eliminate or reduce tariffs, simplify customs procedures, and promote private sector cooperation [1] Trade Relations - New Zealand will provide 100% tariff-free treatment on imports from the UAE, while the UAE will offer tariff-free treatment on 98.5% of New Zealand products [1] - This agreement is New Zealand's first trade deal with a Middle Eastern country, representing a key step in strengthening economic ties with the region [1] UAE's Trade Strategy - The CEPA is a crucial part of the UAE's foreign trade strategy, aiming to achieve a total trade volume of $1 trillion by 2031 and double its economic size to over $800 billion by the same year [1] - Since its launch in September 2021, the CEPA initiative has successfully reached agreements with 28 countries, enhancing trade relations and facilitating UAE businesses' access to markets covering nearly a quarter of the global population [1]