Page 274 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/23/25, 11:46 AM UAE-Jordan Comprehensive Economic Partnership Agreement to come into force - Business - Economy and Finance - Emirates24|7
UAE, and through this CEPA, we are poised to unlock numerous opportunities that will benefit both nations.”

Jordan has been a vital partner for the UAE for many years, with bilateral non-oil trade experiencing tremendous growth over the last
decade, increasing by 138 percent. The UAE is Jordan’s fifth-largest trading partner globally, while the UAE remains the largest foreign
investor in Jordan, with mutual investments estimated at approximately US$22.5 billion.

The CEPA is expected to create significant opportunities across various sectors, including renewable energy, pharmaceuticals,
logistics, and tourism. Jordan’s highly-skilled workforce and strong industrial base, particularly in the production of phosphates, textiles,
and pharmaceuticals, complements the UAE’s expertise in energy, infrastructure, and finance, fostering a collaborative environment

that enhances the global reach of both nations.

The agreement was finalized following three rounds of negotiations, highlighting the shared commitment of both countries to quickly
realize the benefits of the new agreement. The CEPA will also support SMEs by reducing trade restrictions and offering platforms for
collaboration that will empower the next generation of entrepreneurs and innovators and ensure that the economic benefits are widely
shared.

The CEPA programme is a vital element of the UAE’s economic growth strategy, highlighting its commitment to establishing strong
global trade partnerships. The UAE aims to double its economy to US$800 billion by 2030 and achieve over US$1.1 trillion in total non-
oil trade value by 2031.

The programme significantly contributed to the UAE's record non-oil trade of US$816 billion in 2024, reflecting a 14.6 percent increase
from 2023. With 27 concluded agreements, the CEPA programme expands access for UAE businesses to over a quarter of the world's
population.

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