South Korea and the United Arab Emirates signed a comprehensive economic partnership agreement (CEPA) and memorandums of understanding (MOUs) to improve trade openness between the two countries by eliminating tariffs on 90% of imports over the next decade, expand economic investment and boost energy cooperation, Reuters reported May 29.

UAE, South Korea: Countries Sign CEPA, MOUs to Cut 90% of Tariffs and Boost Energy Cooperation

UAE, South Korea: Countries Sign CEPA, MOUs to Cut 90% of Tariffs and Boost Energy Cooperation | RANE

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United Arab Emirates

South Korea

Economics

South Korea and the United Arab Emirates signed a comprehensive economic partnership agreement (CEPA) and memorandums of understanding (MOUs) to improve trade openness between the two countries by eliminating tariffs on 90% of imports over the next decade, expand economic investment and boost energy cooperation, Reuters reported May 29. 

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UAE, South Korea: Countries Sign CEPA, MOUs to Cut 90% of Tariffs and Boost Energy Cooperation

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