Sharjah24
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The UAE and Mozambique have successfully concluded negotiations on a Comprehensive Economic Partnership Agreement, announcing that they had reached its final terms in Abu Dhabi on Saturday, November 14, 2026, in the presence of Mozambican President Daniel Chapo. Once signed, ratified and brought into force, the agreement is expected to help reduce tariffs, remove trade barriers and expand market access, while strengthening cooperation in energy, agriculture, logistics, mining and manufacturing. Non-oil bilateral trade reached approximately $2.6 billion in 2025, up 91.6% from 2024, and totaled $2.5 billion in the first nine months of 2026, a year-on-year increase of 49%.
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