• ABOUT LATIN&GULF NEWS
  • CONTACT US
  • ADVERTISED WITH US
Monday, June 30, 2025
  • Login
Latin&gulf
E-BOOK - OPEN YOUR COMPANY IN UAE
  • Home
  • GULF COUNCIL
    • EMIRATOS ARABES
    • SAUDI ARABIA
    • KUWAIT
    • OMAN
    • QATAR
    • BAHREIN
  • LATIN AMERICA
    • MEXICO
    • CENTRAL AMERICA
    • PERU
    • ECUADOR
    • COLOMBIA
    • ARGENTINA
    • BRAZIL
    • PARAGUAY
    • URUGUAY
    • CHILE
  • BUSINESS
    • FINANCE
    • REAL ESTATE
    • STARTUPS
    • EXPO & CONFERENCES
    • ENERGY
    • DEFENSE
  • FUTURE
    • AI
    • AGTECH
    • INNOVATION & TECHNOLOGY
    • SPACE
    • EDTECH
    • CRIPTO
    • SCIENCE
    • GREEN
    • CYBERSECURITY
  • LIFESTYLE
    • FITNESS
    • SAVORES
    • HOTELS
    • DESTINATIONS
    • CULTURE & ARTS
  • SPORTS
    • POLO
    • GOLF
    • TENIS
    • PADDLE
    • FORMULA 1
    • FOOTBALL
  • E-Book Store
No Result
View All Result
  • Home
  • GULF COUNCIL
    • EMIRATOS ARABES
    • SAUDI ARABIA
    • KUWAIT
    • OMAN
    • QATAR
    • BAHREIN
  • LATIN AMERICA
    • MEXICO
    • CENTRAL AMERICA
    • PERU
    • ECUADOR
    • COLOMBIA
    • ARGENTINA
    • BRAZIL
    • PARAGUAY
    • URUGUAY
    • CHILE
  • BUSINESS
    • FINANCE
    • REAL ESTATE
    • STARTUPS
    • EXPO & CONFERENCES
    • ENERGY
    • DEFENSE
  • FUTURE
    • AI
    • AGTECH
    • INNOVATION & TECHNOLOGY
    • SPACE
    • EDTECH
    • CRIPTO
    • SCIENCE
    • GREEN
    • CYBERSECURITY
  • LIFESTYLE
    • FITNESS
    • SAVORES
    • HOTELS
    • DESTINATIONS
    • CULTURE & ARTS
  • SPORTS
    • POLO
    • GOLF
    • TENIS
    • PADDLE
    • FORMULA 1
    • FOOTBALL
  • E-Book Store
No Result
View All Result
Latin&gulf
No Result
View All Result
Home Central America COSTA RICA

Minister of Foreign Trade of Costa Rica Manuel Tovar and Colleague Dr. Thani Al Zeyoudi meet to review the progress of CEPA.

Stefanno Martin by Stefanno Martin
September 28, 2024
in COSTA RICA, LatinAmerica
Reading Time: 2 mins read
0
Minister of Foreign Trade of Costa Rica Manuel Tovar and Colleague Dr. Thani Al Zeyoudi meet to review the progress of CEPA.
Share on WhatsappShare on Linkedin

In the context of the 10th World Free Zones Congress on September 23rd to 25th, 2024, at Madinat Jumeirah, in Dubai-UAE; Minister of Foreign Trade of Costa Rica Manuel Tovar meet with Colleague Dr. Thani Al Zeyoudi,  to review the progress in the ratification of the trade treaty between Costa Rica and UAE and its imminent implementation for mutual benefit.

The Genesis of CEPA: A Shared Vision

In March 2023, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, and Manuel Tovar Rivera, Minister of Foreign Trade of Costa Rica, signed a joint statement to launch preliminary talks for a Comprehensive Economic Partnership Agreement (CEPA) between their nations1. This agreement marked the beginning of a new era of economic collaboration, transcending geographical boundaries.

  1. Building Bridges: The Importance of CEPA

The CEPA aims to create a robust platform for enhancing trade ties and investment opportunities between the UAE and Costa Rica. Here are some key aspects:

  • Trade Growth: Non-oil trade between the two countries reached USD 58.7 million in 2022, with a remarkable 19% year-on-year growth. This underscores the increasing economic interdependence and the potential for further expansion1.
  • Strategic Partnership: Costa Rica holds a special place as a key strategic partner for the UAE in the Central American region. The CEPA reflects the shared aspirations of both governments to promote bilateral economic relations, facilitate market access, and encourage joint investments in priority sectors1.
  • Diversification: Manuel Tovar Rivera rightly emphasized that the establishment of the CEPA would diversify Costa Rica’s global trade and investment partnerships. Notably, this agreement represents Costa Rica’s first free trade agreement with a Middle Eastern country, elevating its prominence as a Latin American partner to the UAE1.
  1. Beyond Borders: Multilateral Trade and Plurilateral Agreements

During your recent meeting, discussions extended beyond the CEPA itself. Strengthening the multilateral trade system and advancing plurilateral agreements were on the agenda. These include areas like Fisheries II, investment facilitation, and e-commerce. Such forward-looking initiatives demonstrate the commitment of both nations to global economic cooperation and sustainable development1.

  1. Manuel Tovar Rivera: A Catalyst for Economic Progress

Manuel Tovar Rivera’s role in shaping this partnership cannot be overstated. As Costa Rica’s Minister of Foreign Trade, he championed the CEPA negotiations, recognizing the potential for mutual benefit. His vision aligns with creating economic and social advantages for both countries, fostering prosperity and growth.

In conclusion, the UAE-Costa Rica CEPA transcends mere trade figures; it symbolizes collaboration, friendship, and shared aspirations. As we eagerly await the implementation of this agreement, let’s celebrate the diplomats, like Manuel Tovar Rivera, who work tirelessly to build bridges across continents.

 

Previous Post

The Influence Exchange Confex & Awards 2024 concluded with resounding success in Dubai

Next Post

UAE takes the lead in AI as international markets face talent race to meet global demand

Stefanno Martin

Stefanno Martin

Co-Editor of Latin & Gulf News. Since beginning my journey in journalism in 2004, I’ve dedicated my career to exploring and reporting on the evolving relationship between Latin America and the Gulf region. Through my work, I aim to connect cultures, highlight business opportunities, and share the stories that shape our shared future.

Related Posts

LatinAmerica

Ecuador and UAE Strengthen Economic and Strategic Partnership at Inaugural Investment Forum in Quito

June 21, 2025
LatinAmerica

UAE and Mexico Strengthen Economic Ties and Sign Agreements to Boost Investment and Trade

June 19, 2025
Exclusive Interview with Minister Elmer Schialer: Strengthening Peru–UAE Strategic Relations
DIPLOMACY INSIGHTS

Exclusive Interview with Minister Elmer Schialer: Strengthening Peru–UAE Strategic Relations

June 14, 2025
BRAZIL

UAE Removed from Brazil Tax List Marking a New Era of Economic Partnership and Transparency

June 4, 2025
LatinAmerica

Paraguay Strengthens Global Presence with Landmark Visit to the UAE

May 26, 2025
Next Post
UAE takes the lead in AI as international markets face talent race to meet global demand

UAE takes the lead in AI as international markets face talent race to meet global demand

LATEST NEWS

Globant Launches Middle East Headquarters in Riyadh to Drive AI Innovation and Digital Transformation

June 26, 2025

Ecuador Sees 3% Percent Growth in Early 2025 as Trade and Recovery Drive Positive Outlook

June 25, 2025
Penelope Díaz: beloved ambassador of traditional Peruvian cuisine in Dubai.

Penelope Díaz: beloved ambassador of traditional Peruvian cuisine in Dubai.

June 24, 2025

Ecuador and UAE Strengthen Economic and Strategic Partnership at Inaugural Investment Forum in Quito

June 21, 2025

UAE and Mexico Strengthen Economic Ties and Sign Agreements to Boost Investment and Trade

June 19, 2025
Exclusive Interview with Minister Elmer Schialer: Strengthening Peru–UAE Strategic Relations

Exclusive Interview with Minister Elmer Schialer: Strengthening Peru–UAE Strategic Relations

June 14, 2025

BROWSE BY CATEGORY

Latin&gulf

Latin&Gulf Magazine is a News Media platform covering cultural exchange, business collaboration, and diplomatic relations between Latin America and the Gulf Cooperation Council (GCC).

MAIN OFFICES

Latin & Gulf News Media
Dubai Production City
Dubai, UAE
www.latinguf.ae

GET IN TOUCH

NEWS MENU

GULF COUNCIL
LATIN AMERICA
BUSINESS
FUTURE
LIFESTYLE
SPORTS
CONFERENCES

SERVICES

SUSCRIPTIONS
MEDIA PARTNERSHIP
PRESS RELEASE
SPECIAL EVENTS

CONNECT

ABOUT US
ADVERTISE WITH US
JOBS OPPORTUNITIES
CONNECT

Latin&gulf

© 2024 Latin&Gulf Media Group.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • GULF COUNCIL
    • EMIRATOS ARABES
    • SAUDI ARABIA
    • KUWAIT
    • OMAN
    • QATAR
    • BAHREIN
  • LATIN AMERICA
    • MEXICO
    • CENTRAL AMERICA
    • PERU
    • ECUADOR
    • COLOMBIA
    • ARGENTINA
    • BRAZIL
    • PARAGUAY
    • URUGUAY
    • CHILE
  • BUSINESS
    • FINANCE
    • REAL ESTATE
    • STARTUPS
    • EXPO & CONFERENCES
    • ENERGY
    • DEFENSE
  • FUTURE
    • AI
    • AGTECH
    • INNOVATION & TECHNOLOGY
    • SPACE
    • EDTECH
    • CRIPTO
    • SCIENCE
    • GREEN
    • CYBERSECURITY
  • LIFESTYLE
    • FITNESS
    • SAVORES
    • HOTELS
    • DESTINATIONS
    • CULTURE & ARTS
  • SPORTS
    • POLO
    • GOLF
    • TENIS
    • PADDLE
    • FORMULA 1
    • FOOTBALL
  • E-Book Store

©2024 - Hamtar Holdings

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?