UAE, 15 May, 2025 : The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Jordan will come into force on Thursday, aiming to boost bilateral trade to over $8 billion by 2032.
Signed in October, the deal eliminates tariffs, removes trade barriers, and enhances market access. It’s expected to strengthen supply chains and support economic growth in both countries.
The UAE is Jordan’s largest foreign investor, with mutual investments of about $22.5 billion. Non-oil trade between the two has surged 138% in the past decade.
The CEPA follows major UAE investments in Jordan, including a $2.3 billion railway project and a $5.5 billion investment package.
Source : www.thenationalnews.com
