Page 265 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)
P. 265
5/23/25, 11:45 AM UAE-Jordan Cepa to come into effect on Thursday | The National
UAE-Jordan Cepa to come into
effect on Thursday
The UAE's comprehensive economic partnership agreement is expected to boost trade
between the nations to more than $8bn by 2032
Alvin R Cabral
May 14, 2025
The comprehensive economic partnership agreement between the UAE and
Jordan will come into effect on Thursday, with the deal expected to boost bilateral
trade between the nations to more than $8 billion by 2032.
The UAE's ninth Cepa, initially signed in October, will eliminate or reduce tariffs,
remove trade barriers and boost market access, and marks a "new era of
collaboration", said Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, in a
statement on Wednesday.
It is also expected to enhance regional and global supply chains, "creating a
framework for shared growth and prosperity", he added.
Cepas the UAE has already signed with nations from Colombia to Australia have
contributed Dh135 billion ($36.8 billion) to the country's non-oil trade, an increase
of 42 per cent compared with the previous year, Sheikh Mohammed bin Rashid,
Vice President and Ruler of Dubai, said previously.
The UAE's non-oil foreign trade hit a record Dh3 trillion last year − up 14.6 per cent
year-on-year − as the country continues to diversify its economy and forges closer
trade ties with countries around the world.
https://www.thenationalnews.com/business/economy/2025/05/14/uae-jordan-cepa-to-come-into-effect-on-thursday/ 1/3

