Page 258 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

UAE-Jordan Comprehensive Economic Partnership

Agreement to come into force

• Wednesday, May 14, 2025 6:41 PM

ABU DHABI, 14th May, 2025 (WAM) -- The Comprehensive Economic Partnership Agreement (CEPA)
between the United Arab Emirates and the Hashemite Kingdom of Jordan will officially come into
effect tomorrow, heralding a new era of economic cooperation.

This landmark agreement is the first CEPA signed between the UAE and an Arab nation, aimed at
enhancing trade and investment ties, stimulating growth in key sectors, and empowering small and
medium-sized enterprises (SMEs).

With the CEPA entering into force tomorrow, the two nations aim to boost bilateral non-oil trade to
over US$8 billion by 2032. This follows impressive year-on-year growth between 2023 and 2024 of
34.1 percent, with non-oil trade between the two nations reaching approximately US$5.62 billion in
2024. This agreement will eliminate or reduce tariffs and remove trade barriers, enhancing market
access and strengthening regional and global supply chains.

https://www.khaleejtimes.com/business/uae-jordan-comprehensive-economic-partnership-
agreement-to-come-into-force-2