New Delhi, Jan 31 (JKNS) Welcoming the landmark trade pact between India and the European Union, the United Arab Emirates has described the agreement as a boost to international trade cooperation and a move that supports long-term, sustainable economic growth.
H.E. Saeed Al Hajeri, Minister of State in a statement as per news agency JKNS, welcomed the historic free trade agreement reached between the Republic of India and the European Union, commending this important achievement which reflects the commitment of both sides to promoting free trade and economic openness, and embodies a model of economic partnerships that support sustainable growth and prosperity.
His Excellency underscored that the Comprehensive Economic Partnership Agreement (CEPA) signed between the United Arab Emirates and the Republic of India represents an advanced model of strategic trade partnerships based on mutual interests, enhanced economic integration, and support for sustainable development pathways. His Excellency noted that comprehensive agreements contribute to delivering tangible benefits for all parties, it reads.
His Excellency further expressed the UAE’s aspiration to positively conclude the ongoing negotiations with the European Union, leading to the signing of a Comprehensive Economic Partnership Agreement between the two sides, in a manner that reflects the depth of the strong relations and shared interests linking the UAE and the European Union, it reads.
Moreover, H.E. Al Hajeri emphasized that the UAE reaffirms its firm support for promoting international trade, expanding strategic economic partnerships, and deepening economic convergence, stemming from its belief in the vital role of free trade in supporting stability and prosperity at both the bilateral and international levels, statement reads. (JKNS)
