The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

UAE–DRC Sign Landmark CEPA to Boost Trade, Investment Ties

UAE–DRC Sign Landmark CEPA to Boost Trade, Investment Ties

Post by : Bianca Haleem

In the presence of President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Excellency Félix Tshisekedi, President of the Democratic Republic of the Congo (DRC), the UAE and DRC have officially strengthened their economic ties by signing a Comprehensive Economic Partnership Agreement (CEPA).

His Highness Sheikh Mohamed bin Zayed stated that the agreement represents a major milestone in bilateral relations and reflects the UAE’s commitment to building sustainable development partnerships that promote economic growth, prosperity, and future opportunities for coming generations.

The UAE President expressed confidence that the CEPA will significantly enhance economic cooperation between the two nations by increasing trade volumes, encouraging investment flows, and supporting shared development objectives.

The agreement was signed at Qasr Al Shati in Abu Dhabi by His Excellency Dr Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, and His Excellency Julien Paluku Kahongya, Minister for International Trade of the Democratic Republic of the Congo.

Under the CEPA, tariffs will be reduced and trade barriers removed, paving the way for stronger private-sector collaboration across key sectors such as mining, agriculture, clean energy, and infrastructure.

The Democratic Republic of the Congo, with an estimated GDP of USD 70.75 billion, ranks among Africa’s top ten economies. As a global leader in cobalt production and a key supplier of critical minerals essential for electric vehicles and energy transition technologies, the DRC offers strategic access to markets across Central and Eastern Africa.

UAE-DRC non-oil trade reached USD 2.9 billion during the first nine months of 2025, reflecting a 16.1 percent year-on-year increase. With trade relations already on a strong growth trajectory, the CEPA is expected to further enhance cross-border investments and create new opportunities for small and medium-sized enterprises (SMEs) in both countries.

The agreement aligns with the UAE’s ambitious foreign trade strategy, which aims to increase non-oil foreign trade to USD 1.1 trillion by 2031. To date, the UAE’s CEPA programme has concluded over 30 agreements, with 14 already in force, reinforcing the country’s commitment to open and rules-based global trade.

During the ceremony, the leaders also witnessed the signing of several Memorandums of Understanding (MoUs), including an agreement on investment cooperation in the mining sector, as well as an MoU between the Anwar Gargash Diplomatic Academy and the Congolese Diplomatic Academy.

The MoUs were signed on behalf of the UAE by His Excellency Sheikh Shakhboot bin Nahyan Al Nahyan, Minister of State, and on behalf of the DRC by His Excellency Louis Kabamba, Minister of Mines, and Her Excellency Noëlla Ayeganagato Nakwipone, Vice-Minister of Foreign Affairs.
Both sides also announced cooperation in the field of maritime transport, further deepening bilateral ties.

Feb. 3, 2026 10:09 a.m. 205
Global News Conflicts UAE News

More Trending News

Featured Stories

Melinda Gates Breaks Silence on New Epstein File Claims
Feb. 4, 2026 11:37 a.m.
Melinda Gates reacts to fresh Epstein file allegations involving Bill Gates, calling it painful and saying those named must answer for their actions
Read More
Sitharaman Meets World Bank President Ajay Banga in Delhi
Feb. 4, 2026 10:11 a.m.
Finance Minister Nirmala Sitharaman met World Bank President Ajay Banga in Delhi and welcomed the new Country Partnership Framework aligned with Viksit Bharat
Read More
World Bank Chief Ajay Banga Visits Pakistan, Supports Reforms Agenda
Feb. 3, 2026 5:32 p.m.
World Bank President Ajay Banga met PM Shehbaz Sharif in Islamabad, reaffirming support for Pakistan’s reforms and development agenda
Read More
UAEREP Showcases Rain Research at AMS 2026 in Houston
Feb. 3, 2026 4:56 p.m.
UAEREP took part in AMS 2026 in Houston, highlighting UAE-backed rain enhancement research and strengthening global ties in climate and weather science
Read More
ADGM Academy, Mawaheb Expand Skills Partnership for 2026
Feb. 3, 2026 4:50 p.m.
ADGM Academy and Mawaheb Talent Hub expand their partnership to launch new programmes and secure 620 jobs in 2026 for Emiratis across high-demand sectors
Read More
UK Court Convicts Russian Captain in Deadly North Sea Crash
Feb. 3, 2026 4:29 p.m.
A UK court has found Russian ship captain Vladimir Motin guilty of manslaughter after his cargo vessel hit an oil tanker, killing a Filipino sailor
Read More
Aldar, Mubadala Launch AED 10bn Luxury Retail Platform
Feb. 3, 2026 4:23 p.m.
Aldar and Mubadala have formed a joint venture combining Yas Mall and The Galleria Luxury Collection, creating a AED 10bn luxury retail platform in Abu Dhabi
Read More
Historic Moment as Moms Bencic, Svitolina Reach WTA Top 10
Feb. 3, 2026 4:10 p.m.
Belinda Bencic and Elina Svitolina make history as the first mothers ranked in WTA Top 10, showcasing resilience and family-friendly tennis policies
Read More
UAE Urges Iran-US Nuclear Deal to Avoid Middle East War
Feb. 3, 2026 3:54 p.m.
UAE calls for Iran-US nuclear talks as tensions rise. Talks resume Friday in Turkey amid fears of conflict and U.S. naval buildup near Iran
Read More
Sponsored
Trending News