Canada and UAE Sign Comprehensive Economic Partnership to Cut Tariffs

Canada and the United Arab Emirates have signed a comprehensive economic partnership agreement aimed at lowering tariffs and reducing barriers between their economies, the two governments announced.

The deal seeks to strengthen bilateral trade by easing obstacles to the movement of goods. Tariff reductions are a central part of its stated objectives.

The agreement also aims to boost investment, placing closer economic ties alongside improved trade access as a priority for both countries.

The announcement comes during Mark Carney’s tenure as Canadian prime minister. Details of the tariff cuts, the sectors covered and the timetable for implementation were not provided in the available summary.