Page 352 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 5:18 PM UAE, Türkiye Hold 2nd Session Of Joint Economic And Trade Commission In Abu Dhabi | Pakistan Point
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 understand where the
opportunities exist – and how we can best unlock them.”

The sessions in Abu Dhabi reflect robust ties between the UAE and Türkiye, which in recent
years have seen joint economic collaboration in dynamic, high-growth sectors, including
financial services, agriculture, logistics, transport, and tourism.

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