Page 304 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
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4/14/25, 5:16 PM Home | Emirates News Agency
Commission (JETCO) in Abu Dhabi.
Building on the success of the first session held in Istanbul in 2023, the event
sought to further expand the two nations’ trade and commercial relations and
support the goals of the Comprehensive Economic Partnership Agreement (CEPA),
which came into force on 1st September 2023.
The meeting, co-chaired by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for
Foreign Trade, and Ömer Bolat, Minister of Trade of the Republic of Türkiye,
heralded rapid progress of UAE-Turkish relations following the CEPA
implementation and subsequent first session of the JETCO.
The two ministers were joined at the Commission by Saeed Thani Hareb Al Dhaheri,
UAE Ambassador to the Republic of Türkiye, and Juma Mohamed Al Kait, Assistant
Undersecretary for International Trade Affairs at the UAE Ministry of Economy.
The conversations during the session covered sectors such as trade and trade
finance, investment, green economy, services, advanced technology and industry,
customs, regulation and standards, including Halal accreditation and collaboration in
joint projects in third countries.
Dr. Al Zeyoudi stated, “The Joint Economic and Trade Commission is a cornerstone
of our strategy to elevate UAE-Türkiye economic relations. By leveraging this
platform, we can pinpoint key opportunities for our exporters, foster investment in
priority sectors, and build a resilient framework for sustainable growth. Our
collaboration under the CEPA has already yielded impressive results, contributing to
a threefold increase in bilateral non-oil trade since 2021, and we are committed to
deepening this partnership to unlock even greater potential.”
For his part, Bolat said, “Turkish companies have undertaken 149 projects worth
$17.7 billion in the UAE to date. This figure makes the UAE the 10th most important
country in the world where Turkish companies undertake projects. Through this
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