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Canada-UAE Trade Deal Cuts Tariffs on 99% Exports

By Drooid · · How we work

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  • Prime Minister Mark Carney and Crown Prince Sheikh Khaled bin Mohamed Al Nahyan signed a Canada-UAE trade deal.
  • The Economic Partnership Agreement will remove tariffs on over 99% of Canadian exports to the UAE.
  • Carney pledged to double Canada’s non-U.S. trade within ten years as part of the deal.
  • Trade between the two nations reached C$3.5 billion last year, growing about 10% annually.
  • The pact becomes effective in 2027.
Canada-UAE Trade Deal Cuts Tariffs on 99% Exports | Drooid