The UAE and Thailand agree to launch CEPA negotiations
The United Arab Emirates (UAE) and Thailand have signed a joint statement to launch talks to establish a Comprehensive Economic Partnership Agreement (CEPA) between both countries. Thani bin Ahmed Al Zeyoudi, the Minister of State for Foreign Trade of the United Arab Emirates and Jurin Laksanawisit, the Minister of Commerce of Thailand, signed the statement to launch talks about CEPA in order to promote trade between both nations. The first round of negotiations between the UAE and Thailand will take place in the UAE on May 16. Thani Al Zeyoudi has expressed hope that the CEPA would underline UAE’s role as a key enabler in global trade and business. The two countries launched the first UAE-Thai BusinessCouncil in February 2023. CEPA would increase the existing trade and economic ties between the two countries to new heights. Al Zeyoudi reportedly said, “Thailand is an increasingly important trade and investment partner for the UAE. We believe a Comprehensive Economic Partn...