Japan’s Ministry of Foreign Affairs announced that it has launched negotiations with Japan for a comprehensive economic partnership agreement (CEPA) on 18 September 2024.
“I hope that concluding an ambitious, balanced, and comprehensive EPA between Japan and the UAE, in addition to the Free Trade Agreement (FTA) between Japan and the Gulf Cooperation Council (GCC) being negotiated in parallel, will contribute to strengthening bilateral economic relations, including the expansion of trade and investment and other areas,” said Foreign Minister KAMIKAWA Yoko.
If an agreement is reached and enters into force, it will facilitate investment and provide new opportunities for collaboration between the two nations.