Page 322 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 5:17 PM UAE and Türkiye Forge Stronger Economic Ties at 2nd Joint Economic and Trade Commission (JETCO) in Abu Dhabi - Middle Eas…
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.

HE Dr. Thani 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, His Excellency Ömer Bolat said, “Turkish companies have undertaken 149 projects
worth $17.7 billion in the United Arab Emirates to date. This figure makes the United Arab
Emirates 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 HE Al Zeyoudi and HE Ömer 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, HE Al Zeyoudi said: “In front
of us is the opportunity to increase trade flows and investment activities between our business

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