UAE and Canada Finalize Trade Deal
The United Arab Emirates and Canada have announced the successful conclusion of negotiations for the Comprehensive Economic Partnership Agreement between the two countries. This move is considered one of the fastest agreements concluded by the UAE as part of the Economic Partnership Agreements program launched in September 2021. The agreement aims to strengthen economic and investment cooperation, facilitate market access, reduce customs duties, and offer investment opportunities across various sectors including clean energy, technology, aviation, and food and agriculture. It is expected that this agreement will contribute to increasing the trade exchange between the two nations, which reached approximately $4.2 billion in 2025, with continued growth anticipated, along with billions of dollars in investments flowing into major projects. This step is seen as a reinforcement of strategic partnership relations and market access expansion, supporting the UAE’s future goals of exceeding an 800 billion-dollar economy by 2031.
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