UAE and Singapore start trade talks
The United Arab Emirates and Singapore have regularly engaged in negotiations for a Comprehensive Economic Partnership Agreement aimed at expanding their trade and investment relations, as well as increasing non-oil trade flows, which are expected to reach approximately $6.5 billion in 2025. Data shows that trade between the two countries grew by 25% throughout 2025 compared to 2024, with a focus on sectors such as technology, energy, financial services, and infrastructure. The proposed agreements include reducing or eliminating customs duties, improving market access, and enhancing cooperation in areas such as energy, water, and food security. Additionally, the UAE seeks to join the Digital Economy Partnership Agreement to support the digital economy and leverage technology and artificial intelligence. Both sides are also aiming to strengthen cooperation in water, nuclear energy, and infrastructure sectors, with the goal of supporting sustainable development and expanding their trade and investment relations.
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