Page 307 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 5:16 PM UAE, Türkiye hold 2nd session of Joint Economic and Trade Commission in Abu Dhabi - Aletihad News Center
(CEPA), which came into force on September 1, 2023.

The meeting, co-chaired by the Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, and Minister of
Trade of the Republic of Türkiye, Ömer Bolat, 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 UAE Ambassador to the Republic of Türkiye, Saeed Thani Hareb

Al Dhaheri, and Assistant Undersecretary for International Trade Affairs at the UAE Ministry of Economy, Juma
Mohamed Al Kait.

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 meeting, we have taken steps to achieve our goal of increasing bilateral relations and growing mutually

beneficial economic prosperity on behalf of both our nations and both our people. The UAE is, and remains, one of our
most important economic partners in this regard.”

In line with the intended goals of the JETCO, the Commission also featured the inaugural meeting of the UAE-Türkiye
CEPA Joint Committee, which sought to assess the impact of the deal to date, share data and experiences, review

implementation issues, refine tariffs and quotas and recommend amendments.

The ministerial minutes of both the Joint Committee meeting and the JETCO were signed by Al Zeyoudi and Bolat.

The JETCO was followed by a high-level roundtable featuring representatives of leading companies and investors
from both countries to exchange ideas and explore high-potential investment and partnership opportunities.

During the roundtable, Al Zeyoudi said, “In front of us is the opportunity to increase trade flows and investment

activities between our business communities. The CEPA has opened the door, but it is the enterprise and energy of the
private sector that will ensure we continue to march through it, and meetings such as this are vital to ensure we

https://en.aletihad.ae/news/uae/4564953/uae--türkiye-hold-2nd-session-of-joint-economic-and-trade-co 2/3