#Bilateral trade
The trade agreement will remove tariffs on about 98.5 per cent of New Zealand’s exports immediately upon implementation
Dirham-rupiah trade is expected to reduce transactional costs for businesses while strengthening financial cooperation
First revealed in 2023 by Hungarian Minister Janos Lazar, the project was said to cost approximately EUR1bn, to enhance and upscale an abandoned neighbourhood in the capital
By removing or reducing tariffs on 95 per cent of product lines, the agreement is set to boost non-oil trade value beyond $1.5bn in the next five years.
The two countries signed multiple agreements during the trade meet which include digital payment systems, food security, and startups
Saudi Arabia and India have signed a bilateral agreement to bolster the investment climate in both countries
The agreement with Cambodia will reduce or remove tariffs, eliminate barriers to trade and create new avenues for strategic investment
The committee also witnessed the signing of an MoU between the Saudi Fund for Development and the Ministry of Economy of Azerbaijan
Indian exports to the UAE, excluding petroleum products, grew from $5.17bn from June to August last year to $5.92bn from June to August this year
Non-oil trade between the two countries witnessed a 119 per cent growth in Q1 2022 compared to the same period in 2021
Türkiye accounts for more than three per cent of the UAE’s non-oil foreign trade and is its seventh largest trading partner
The UAE and Indonesia signed the comprehensive economic partnership agreement (CEPA) in July
The meetings focused on UAE’s preparations to host COP28 in 2023 and strengthen economic, energy and industrial cooperation between the two countries
The two state-owned institutions will make it easier for UAE and Indonesia-based companies to access funds to pursue their international expansion