Page 328 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)
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4/14/25, 5:18 PM UAE and Turkey cement strong economic ties at 2nd JETCO
The meeting, co-chaired by His Excellency Dr. Thani bin Ahmed Al Zeyoudi, UAE
Minister of State for Foreign Trade, and His Excellency Ömer Bolat, Minister of
Trade of the Republic of Turkey, heralded rapid progress of UAE-Turkish relations
following the CEPA implementation and subsequent first session of the JETCO.
Expressing optimism, the two sides reported
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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, is three years ahead of
schedule and elevates Turkey to the UAE’s
UAE and Tunisia begins fourth largest non-oil trade partner, up from
CEPA talks to boost seventh in 2021.
economic ties
The two ministers were joined at the
Commission by HE Saeed Thani Hareb Al
Dhaheri, UAE Ambassador to the Republic of Turkey; and HE 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.
“The Joint Economic and Trade Commission is a cornerstone of
our strategy to elevate UAE-Turkey economic relations. By
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