Skip to main content

UAE concludes trade talks with Republic of Congo

1 min Mena Today

The United Arab Emirates has completed negotiations for a bilateral trade agreement with the Republic of Congo, the second such deal announced with an African state in a week.

 Thani Al Zeyoudi © ITP

 Thani Al Zeyoudi © ITP

The United Arab Emirates has completed negotiations for a bilateral trade agreement with the Republic of Congo, the second such deal announced with an African state in a week.

"The breadth of the UAE's trade network continues to broaden as we conclude negotiations toward a Comprehensive Economic Partnership Agreement with the Republic of Congo-Brazzaville - a thriving economy in West-Central Africa and valued trade and investment partner," Thani Al Zeyoudi, UAE trade minister posted on X, formerly Twitter.

Since 2021, the UAE has initiated a raft of bilateral trade, investment and cooperation deals on its own - called Comprehensive Economic Partnership Agreements - to bolster efforts aimed at diversifying income sources and economic sectors.

Last week, the UAE, a major global oil exporter and OPEC member, completed talks for a trade deal with Mauritius, its first with an African country.

Reporting by Jana Choukeir; writing by Rachna Uppal; editing by Miral Fahmy

Tags

Related

Saudi Arabia

Saudi Arabia launches air safety investigation into flydubai incident

Saudi Arabia has launched an air accident probe following last week's cockpit stabbing on a flydubai jet, as experts examine any fallout for aviation safety alongside a separate UAE-led criminal investigation, three people close to the matter said.

Subscribe to our newsletter

Mena banner 4

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.