Page 308 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 5:16 PM UAE, Türkiye forge stronger economic ties as bilateral non-oil trade grows to $40.5 billion in 2024
UAE, Türkiye forge stronger economic ties as bilateral non-oil

trade grows to $40.5 billion in 2024

Exceeding $40 billion in non-oil trade, a key target of the UAE-Türkiye CEPA, comes
three years ahead of schedule

The UAE the 10th most important country in the world where Turkish companies undertake projects (Image: WAM)
Published: Tue 8 Apr 2025, 11:52 AM
The UAE and Türkiye recently held the second session of the Joint Economic and Trade
Commission (JETCO) in Abu Dhabi. 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 September 1, 2023.

Expressing optimism about their growing ties, the two sides reported an 11.5 percent growth in non-
oil trade in 2024, reaching $40.5 billion. This achievement of exceeding $40 billion in non-oil trade,
a key target of the CEPA, comes three years ahead of schedule and elevates Türkiye to the UAE’s
fourth-largest non-oil trade partner, up from seventh in 2021.

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