Armenian President Visits UAE: Strengthening Ties Between Nations

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  In a significant diplomatic move, the President of Armenia has embarked on an official visit to the United Arab Emirates (UAE), aiming to bolster bilateral relations, expand economic cooperation, and foster cultural exchange between the two nations. The high-level visit marks a new chapter in Armenia-UAE relations, showcasing a mutual commitment to deepening political dialogue and exploring opportunities in trade, technology, energy, tourism, and investment. During his visit, the Armenian President held discussions with top Emirati leaders, including His Highness Sheikh Mohamed bin Zayed Al Nahyan, the President of the UAE and Ruler of Abu Dhabi. The leaders discussed regional and international developments, emphasizing the importance of peace, stability, and economic collaboration in the South Caucasus and Middle East regions. Key Highlights of the Visit: Economic Partnerships: Talks included strategies to enhance mutual trade and explore investment in sectors such as infrast...

UAE and Ukraine Agreed on a Bilateral Trade Agreement

 




On  Monday the United Arab Emirates and Ukraine have completed negotiations for a bilateral trade deal   

The Comprehensive Economic Partnership Agreement (CEPA) will remove or reduce tariffs on a range of goods and products, remove trade barriers and ease market access to exporters from both sides, the statement said.   

The UAE and Ukraine's bilateral non-oil trade reached $385.8 million in 2023, and by the end of 2022, their combined investments had reached almost $360 million. These investments are made in a number of areas, such as innovative technology, travel and tourism, infrastructure, and logistics.

The CEPA's strategic significance was underscored by UAE Minister of Foreign Trade Thani al Zeyoudi, who said, "It is an important step for us to have another gateway to Europe through Ukraine." He also added that, should Ukraine ever join the bloc, the agreement would not only give UAE companies market access for goods and services but would also make it easier for them to connect to the EU.

The CEPA between the UAE and Ukraine demonstrates the UAE's dedication to developing trade alliances and broadening its international influence.

  

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