Page 288 - MOE ENGLISH PR REPORT - MAY 2025 ( Part 2)

5/23/25, 11:47 AM Jordan?UAE Economic Partnership Agreement Takes Effect, Ushering in New Era of Strategic Collaboration
The CEPA was concluded in just three rounds of negotiations, a testament to both countries’ shared commitment to fast-tracking mutual economic benefits.
Al Zeyoudi also underscored the agreement’s role in empowering SMEs by easing trade restrictions, encouraging innovation, and offering platforms that engage the next generation of
entrepreneurs.

The agreement is part of the UAE’s broader CEPA strategy, a cornerstone of its economic diversification agenda. The UAE aims to double the size of its economy to $800 billion by
2030 and exceed $1.1 trillion in non-oil trade by 2031.

With 27 CEPA deals now concluded globally, the UAE has extended its commercial reach to over a quarter of the world’s population.

Notably, this is the UAE’s first CEPA with an Arab nation, and the first to come into force underscoring both countries’ commitment to fostering stronger trade and investment ties,
advancing entrepreneurship, and supporting the growth of SMEs across the region.

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