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
Human Rights Watch has accused an Abu Dhabi-based security company of recruiting Colombian private military contractors and deploying them to fight alongside Sudan's Rapid Support Forces (RSF) between 2024 and 2025, adding to what the rights group describes as a growing body of evidence of Emirati military support for the paramilitary group.
U.S. Secretary of State Marco Rubio said on Tuesday negotiating a deal with Iran could "take a few days," quashing hopes for an imminent end to the conflict a day after U.S. forces conducted what Washington called defensive strikes in southern Iran.
The Abu Dhabi Fund for Development (ADFD) is making significant strides across three infrastructure projects in Africa, with road rehabilitation programmes in Togo, Madagascar and Nigeria progressing at pace.
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.