Page 272 - MOE ENGLISH PR REPORT - MARCH 2025

3/19/25, 12:52 PM Company News in Egypt: HE Al Zeyoudi and HE Al Sayegh meet EU officials in Brussels, Strengthening trade relations between t…

HE Al Zeyoudi and HE Al Sayegh meet EU officials in Brussels,

Strengthening trade relations between the UAE and the EU

UAE-EU bilateral non-oil trade in 2024 reached US$67.6 billion,
which represents a growth of 3.6% compared to 2023.
The EU is now the second-largest trade partner of the UAE,
accounting for 8.3% of total UAE non-oil trade in 2024.

HE Al Zeyoudi: “The European Union is a highly valued trade and
investment partner for the UAE, with ties that continue to deepen
across a range of sectors. This is evidenced not only by increasing
trade exchanges but also through strategic collaboration in areas
such as food security, energy transition and advanced technology.”
Brussels, Belgium – March 18, 2025: A UAE delegation including His
Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign
Trade, and HE Ahmed Al Sayegh, Minister of State, has visited Brussels,
Belgium, for meetings with senior European Union (EU) officials and
members of the Belgian government to strengthen economic ties, promote
investment opportunities, and identity areas for further collaboration.

The EU is the UAE’s second-largest global trade partner, sharing US$67.6
billion in non-oil trade 2024, a 3.6% increase on 2023 and 18.1% more than
was recorded in 2022. The EU now accounts for 8.3% of the UAE’s total
non-oil foreign trade.

During talks with Maros Sefcovic, EU Commissioner for Trade and Economic
Security, HE Al Zeyoudi reviewed the key drivers behind the UAE’s strong
trade relations with the EU, particularly in advanced manufacturing,

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