UAE-South Korea Cepa: Key Highlights
The UAE and South Korea just enacted their Comprehensive Economic Partnership Agreement, the first of its kind Seoul has signed in the Middle East and North Africa. This milestone deal slashes tariffs on over 90% of goods and services, boosting trade, investment, and cooperation in sectors like tech and logistics. It's part of the UAE's strategy to expand as a global trade hub, with non-oil trade hitting over $1 trillion last year. A strong step for economic ties between these nations!
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