The United Arab Emirates and Costa Rica have signed an agreement that will help improve bilateral trade and investment ties, UAE President Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan, Sputnik/Sergei Savostyanov/Pool via Reuters
The United Arab Emirates and Costa Rica have signed an agreement that will help improve bilateral trade and investment ties, UAE President Sheikh Mohammed bin Zayed Al Nahyan said on Thursday.
The Middle Eastern and Central American countries had signed a Comprehensive Economic Partnership Agreement (CEPA), the president said in a post on social media platform X.
CEPAs signed by the UAE are broad free trade agreements that typically also include clauses covering investment and services.
Bilateral non-oil trade between the two countries was worth $65 million in 2023, up 7% on the previous year, according to a report carried by UAE's state news agency on the CEPA signing.
The UAE is major international re-export hub that handles goods being sent to and from Asia, Africa, Europe and elsewhere.
Reporting by Jana Choukeir and Alexander Cornwell
Islamic State claimed responsibility for an attack at a Shi'ite Muslim mosque in Oman, the group said on Tuesday, which left at least nine people dead, including three attackers, a rare security breach in the oil-producing Gulf state.
Two armed drones on Tuesday targeted Iraq's Ain al-Asad airbase, which hosts U.S forces and other international forces in western Iraq, two Iraqi military sources told Reuters.
Palestinian factions, including rivals Hamas and Fatah, will hold unity talks in China in July, two senior Hamas and Fatah officials told Reuters on Monday, as they try to resolve deep divisions.
To make this website run properly and to improve your experience, we use cookies. For more detailed information, please check our Cookie Policy.
Necessary cookies enable core functionality. The website cannot function properly without these cookies, and can only be disabled by changing your browser preferences.