Page 276 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/23/25, 11:46 AM UAE-Jordan Comprehensive Economic Partnership Agreement To Come Into Force - Middle East Business News and Information …

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

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