UAE and Canada have finalized a major trade agreement. 24 July 2026 UAE Foreign Trade Minister at an event held in Toronto on Dr. Thani Bin Ahmed Al Zayodi and Canada’s Minister of International Trade Maninder Sidhu Announced this. This agreement is just 47 days has been completed in a record time frame, which reflects the strong relations between the two countries.
There will be an increase in trade and investment
The main objective of this agreement (CEPA) is to reduce trade barriers and ease market access. This will create new opportunities in sectors like energy, artificial intelligence, mining, ports and infrastructure. Year 2025 between the two countries in $3.5 billion There was a trade. Canada aims to increase its non-US exports 2035 till $300 billion in which UAE will play a big role.
UAE towards economic goals
For UAE this year from 2021 onwards 38th Such a big deal. This move is part of the UAE’s strategy to expand its non-oil foreign trade. 2031 till $1.089 trillion Wants to reach. During Prime Minister Mark Carney’s visit to UAE $50 billion An investment of Rs. 100 crore was promised, under which big projects like Liquefied Natural Gas and Mining will soon be started.
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