Canada and the UAE to sign trade deal on Tuesday: Reuters
The pact would remove duties on more than 97% of tariff lines and pave the way for Parliament to ratify the deal.
- On Tuesday, October 27, 2026, Canada and the United Arab Emirates signed a comprehensive trade deal in Ottawa, with Prime Minister Mark Carney and Abu Dhabi Crown Prince Sheikh Khaled attending the ceremony.
- Prime Minister Mark Carney pursued this agreement to diversify Canadian trade beyond the United States, seeking to mitigate economic impacts from President Donald Trump's tariffs that rippled through Canada's economy.
- International Trade Minister Maninder Sidhu and UAE Minister Thani bin Ahmed Zeyoudi signed the Comprehensive Economic Partnership Agreement, which eliminates duties on more than 97% of tariff lines covering over 99% of Canadian exports to the Gulf state.
- Following Tuesday's signing, the agreement moves to Canada's Parliament for ratification; the two nations also inked memoranda of understanding to strengthen cooperation in energy, defense, and diplomatic learning.
- This pact deepens an expanding economic relationship as Abu Dhabi extends its network of bilateral trade deals, supporting Carney's vow to double Ottawa's non-U.S. trade over the next decade.
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Prime minister, crown prince agree to stay in close contact after 1st visit by Abu Dhabi's leader to Canada
Canada and the UAE to sign trade deal on Tuesday, source says
Canada and the United Arab Emirates will sign a comprehensive trade deal on Tuesday to lower barriers between the two economies and boost investment, a source familiar with the plan said, as Prime Minister Mark Carney seeks to expand trade and investment ties at a time of tension with the United States.
Canada, UAE to Sign Strategic Partnership Agreement Tuesday, Carney Says
Prime Minister Mark Carney said Canada would announce details of a strategic partnership agreement with the United Arab Emirates on Tuesday. Carney will welcome the Crown Prince of Abu Dhabi,... -October 27, 2026 at 06:43 am EDT MarketScreener
Prime Minister Carney launches new Strategic Partnership with the UAE, welcomes landmark trade agreement and billions in investment
In a more dangerous and divided world, Canada’s government is focused on what we can control: building our strength at home and forging reliable new partnerships abroad. That means diversifying our trade, catalysing new investment, and building the major projects that will create good jobs for Canadians for generations to come. The United Arab Emirates (UAE) is a key partner in this mission. […]
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