UAE, Canada seal trade pact cutting 99% of tariffs on exports
- The CEPA aims to double two-way trade from CA$3.4 billion to CA$7 billion within a decade and will promote services in sectors like engineering and environmental services.
- The agreement was signed by Canadian Prime Minister Mark Carney and Abu Dhabi's Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan during the Crown Prince’s first visit to Ottawa.
- Additionally, the two countries signed a defense cooperation agreement and a memorandum on diplomatic training, while negotiations for an extradition treaty and mutual legal assistance treaty are set to begin.
