{"id":107684,"date":"2025-01-15T04:03:52","date_gmt":"2025-01-15T04:03:52","guid":{"rendered":"https:\/\/chezaspin.com\/blog\/index.php\/2025\/01\/15\/ruto-signs-economic-partnership-deal-with-uae\/"},"modified":"2025-01-15T04:03:52","modified_gmt":"2025-01-15T04:03:52","slug":"ruto-signs-economic-partnership-deal-with-uae","status":"publish","type":"post","link":"https:\/\/chezaspin.com\/blog\/ruto-signs-economic-partnership-deal-with-uae\/","title":{"rendered":"Ruto signs economic partnership deal with UAE"},"content":{"rendered":"<p><strong>President William Ruto and his United Arab Emirates counterpart, His Highness Sheikh Mohamed bin Zayed Al Nahyan, presided over the signing of the Kenya-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), marking a historic milestone in the economic relations between the two nations.<\/strong><\/p>\n<p>This is the first agreement of its kind signed by the UAE with a mainland African country, representing a transformative step in enhancing trade, investment, and economic cooperation.<\/p>\n<p>The agreement aims to deepen trade ties by eliminating barriers to trade, simplifying customs procedures, and promoting industrialization and regional value chains.<\/p>\n<p>The Comprehensive Economic Partnership Agreement CEPA goes beyond trade in goods by addressing services, technological innovation, digital trade, and sustainability.<\/p>\n<p>It also opens new opportunities for Kenyan service providers in sectors such as education, transport, communications, construction, and engineering to access the UAE market.<\/p>\n<p>The partnership aligns with Kenya\u2019s Bottom-Up Economic Transformation Agenda (BETA) by unlocking new markets for priority value chains, attracting foreign direct investment, and promoting technology transfer to support livelihoods across the country.<\/p>\n<p>Trade between Kenya and the UAE has more than doubled over the years reaching Ksh 445 billion in 2023.<\/p>\n<p>UAE ranks Kenya as sixth-largest export destination and second-largest source of imports, accounting for 16pc of Kenya\u2019s total imports.<\/p>\n<p>The post <a href=\"https:\/\/kbc.co.ke\/ruto-signs-economic-partnership-deal-with-uae\/\">Ruto signs economic partnership deal with UAE<\/a> appeared first on <a href=\"https:\/\/kbc.co.ke\/\">KBC<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>President William Ruto and his United Arab Emirates counterpart, His Highness Sheikh Mohamed bin Zayed Al Nahyan, presided over the signing of the Kenya-United Arab Emirates Comprehensive Economic Partnership Agreement (CEPA), marking a historic milestone in the economic relations between the two nations. This is the first agreement of its kind signed by the UAE [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-107684","post","type-post","status-publish","format-standard","hentry","category-uncategorized","entry"],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/107684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/comments?post=107684"}],"version-history":[{"count":0,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/posts\/107684\/revisions"}],"wp:attachment":[{"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/media?parent=107684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/categories?post=107684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/chezaspin.com\/blog\/wp-json\/wp\/v2\/tags?post=107684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}