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UAE and Central African Republic sign economic agreement to boost trade relations
The UAE and the Central African Republic have signed a Comprehensive Economic Partnership Agreement (CEPA) to enhance trade and investment, following a meeting between President Sheikh Mohamed bin Zayed Al Nahyan and President Faustin-Archange Touadéra in Abu Dhabi. This agreement aims to deepen economic ties, support sustainable development, and is expected to accelerate trade, which reached approximately $252 million in 2024, marking a 75% increase from the previous year. Additional agreements on investment protection and infrastructure development were also announced.