Page 358 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 2)

4/14/25, 5:19 PM UAE, Türkiye hold 2nd session of Joint Economic and Trade Commission in Abu Dhabi - DHAPress.com
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.

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,

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