The UAE has announced it's working towards a Comprehensive Economic Partnership Agreement with Thailand.
The Minister of State for Foreign Trade, Dr Thani bin Ahmed Al Zeyoudi, said it marks a new era of economic progress and opportunity for both nations.
In 2022, non-oil trade between the two countries reached $ 6.1 billion, up 21 per cent from 2021.
A UAE-Thailand CEPA will not only boost these numbers, the minister added, but will increase investment in key sectors such as tourism, food security, IT and logistics.
Today, HE Jurin Laksanawisit, Deputy Prime Minister and Minister of Commerce of #Thailand, and I agreed to launch negotiations towards a Comprehensive Economic Partnership Agreement – marking a new era of economic progress and opportunity for both nations. 🇦🇪🇹🇭 pic.twitter.com/Og7iYxRNuO— د. ثاني الزيودي (@ThaniAlZeyoudi) May 9, 2023