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DUBAI — The United Arab Emirates and South Korea on Thursday agreed to start talks on a bilateral trade deal they hope will expand economic opportunities, including cooperation on technology and climate change.
The UAE as part of a push to boost its economic clout last month said it would seek broad economic agreements covering trade and investments with eight countries: India, Britain, Turkey, South Korea, Ethiopia, Indonesia, Israel and Kenya.
The deal with South Korea, called a Comprehensive Economic Partnership Agreement (CEPA), aims to be a “mutually beneficial liberalization of trade in goods, services and investment,” a joint statement from the two countries said.
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