UAE to Broaden Global Trade Partnerships with Expanded CEPAs in 2025

UAE, 31 December, 2024 :  Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, has confirmed that the UAE will broaden its Comprehensive Economic Partnership Agreements (CEPAs) in 2025, aiming to establish new partnerships with additional countries. These agreements are designed to maximise mutual benefits for the UAE and its global trade partners while bolstering the country’s role in international commerce.

Dr. Al Zeyoudi stated that the expanded CEPAs will strengthen the rules-based global trading system, promote sustainable development, and unlock opportunities for trade in goods and services. The agreements will also facilitate increased investments and re-exports, solidifying the UAE’s position as a key player in global trade.

Speaking to the Emirates News Agency (WAM), he emphasized the UAE’s strategy to expand its commercial and investment relationships worldwide. The CEPAs programme is a cornerstone of the UAE’s vision to become a global hub for business, investment, and the movement of non-oil goods and services, further driving economic growth and diversification.

The UAE's focus on fostering international trade partnerships aligns with its long-term economic objectives, creating a foundation for sustainable growth and strengthening its global economic influence.