Canada, UAE Seal Fastest-Ever Trade Pact
Canada and the United Arab Emirates (UAE) have successfully concluded negotiations on a comprehensive economic partnership agreement, according to Canadian Prime Minister Mark Carney. The deal is the fastest such agreement ever negotiated between the two countries.
The agreement will lower tariffs, create new opportunities for Canadian workers, and provide Canadian businesses with greater access to the UAE's $700 billion economy.
The two leaders agreed to further deepen commercial ties in key areas such as energy, critical minerals, infrastructure, technology, development assistance, and artificial intelligence. They also discussed ongoing tensions in the Middle East and underlined shared efforts to build greater stability, security, and lasting peace in the region.