23 Hrs
Source:
Sky News
UAE and Argentina start CEPA talks
The United Arab Emirates and Argentina have agreed to initiate negotiations to sign a Comprehensive Economic Partnership Agreement (CEPA) to enhance trade and investment cooperation between the two countries. This comes after reaffirming their strong bilateral relations. The agreement aims to accelerate market access and expand investments in strategic sectors such as mining, artificial intelligence, energy, and pharmaceuticals, with a focus on boosting trade flows and investments to support mutual economic growth. The initiative is projected to attract investments of up to one billion dollars into an Argentine liquefied natural gas (LNG) project, with a plan to develop a facility with an annual production capacity of 12 million tons, strengthening partnership and investment ties between the two nations.
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