Page 329 - 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
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
Dr. Thani bin Ahmed Al Zeyoudi
already yielded impressive results, UAE Minister of State for
Foreign Trade
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.”
UAE-Turkey CEPA Joint Committee meeting
In line with the intended goals of the JETCO, the Commission also featured the
inaugural meeting of the UAE-Turkey 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.
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