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5/23/25, 11:46 AM UAE–Jordan CEPA marks new era of economic cooperation - ARN News Centre- Trending News, Sports News, Business News, D…

UAE–Jordan CEPA marks new era of

economic cooperation

News Home More from Business
Wednesday, 14 May 2025 19:34

By ARN News Staff

WAM

A major economic milestone takes effect on Thursday, as the UAE–Jordan Comprehensive Economic
Partnership Agreement, or CEPA, officially comes into force.

This landmark deal marks the first CEPA signed between the UAE and an Arab nation, aimed at boosting trade,
investment and opportunities for small and medium-sized enterprises.

Officials expect the agreement to raise bilateral non-oil trade to over $8 billion by 2032. In 2024, trade between the
two countries already reached $5.62 billion, reflecting a 34 per cent year-on-year increase.

The agreement will eliminate or reduce tariffs, remove trade barriers and open new doors for collaboration in key

sectors such as energy, logistics, tourism and pharmaceuticals.

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