UAE, Malaysia CEPA on track for June signing, says minister


The UAE and Malaysia are close to finalising their Comprehensive Economic Partnership Agreement (CEPA) to be signed by the end of June.

In a statement sent to the national news agency WAM on the sidelines of the WTO in Abu Dhabi, Tengku Zafrul Tengku Abdul Aziz, Malaysia's Minister of Investment, Trade and Industry (MITI) reiterated the strength of economic relations between the two countries 

He pointed to his three visits to the UAE in three months, highlighting the MoUs signed by the two countries during the past period to advance relations in all fields.

Abdul Aziz said an MoU was signed in January to establish a framework for investment cooperation in the digital infrastructure sector. This is alongside other MoUs signed by several Malaysian companies with Masdar during COP28 in Dubai.

Regarding the MC13, he said, "This crucial global event serves as a vital platform for communication, particularly amidst the challenges confronting international trade."

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