Tengku Zafrul: Malaysia, UAE enhance trade prospects after concluding CEPA negotiations

Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz. - Bernama

KUALA LUMPUR: Malaysia and the United Arab Emirates (UAE) have successfully concluded the negotiations for a Comprehensive Economic Partnership Agreement (CEPA), set to eliminate or reduce tariffs, lower trade barriers, foster private-sector collaboration, and create new investment opportunities.

Minister of Investment, Trade and Industry Tengku Datuk Seri Zafrul Abdul Aziz said the CEPA, as Malaysia’s first free trade agreement (FTA) with a Gulf Cooperation Council (GCC) nation, will enhance trade, boost investments, and deepen Malaysia-UAE economic ties.