Canada and UAE sign trade pact and deepen cooperation

Prime Minister Mark Carney met with Abu Dhabi Crown Prince Sheikh Khaled bin Mohamed bin Zayed Al Nahyan during the first visit to Canada by a Crown Prince of Abu Dhabi.

• Trade: The leaders welcomed the Canada-UAE Comprehensive Economic Partnership Agreement, negotiated in 47 days, which aims to strengthen economic ties and expand commercial opportunities.
• Cooperation: The countries launched a strategic partnership and signed memoranda of understanding on areas including energy, defence, and diplomatic learning and development.
• Investment: They welcomed progress toward the UAE’s $70-billion investment commitment to Canada, including opportunities in energy, transportation infrastructure, and technology.
• Security: They discussed regional and global developments and reaffirmed support for dialogue, regional stability, and freedom of navigation.