UAE-Central African Republic CEPA to Expand Trade and Investment

UAE, 7 March, 2025 : The UAE and Central African Republic have signed a Comprehensive Economic Partnership Agreement (CEPA) to enhance trade and investment, supporting economic diversification and sustainable development.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the agreement aims to increase bilateral trade beyond AED3.67 billion over the next five to seven years. In 2024, non-oil trade between the two nations exceeded AED925 million, reflecting rapid growth.

The CEPA includes a 98% tariff removal on Central African goods entering the UAE and a 99.5% removal for UAE exports, expanding opportunities for Emirati businesses in Africa. Key sectors include aluminium, petrochemicals, gold, textiles, and food products.

The agreement also promotes investment in services such as telecommunications, logistics, hospitality, and financial technology, while fostering collaboration in digital economy and advanced technology. It aims to strengthen supply chains, create jobs, and open new markets for mutual growth.