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Asharq Al-Awsat

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Asharq Al-Awsat

UAE, Indonesia Say Trade Deal Could Be Signed Next Month

Indonesia UAE Thani Al Zeyoudi United Arab Emirates

A general view of Abu Dhabi, UAE. (WAM)

The United Arab Emirates and Indonesia are close to finalizing a trade and investment deal after months of negotiations and could sign an agreement in March, officials from the two sides said.

The UAE and Indonesia last September entered into talks for a Comprehensive Economic Partnership Agreement (CEPA) meant to eliminate tariffs and boost investment between the two nations.

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