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Despite a global trend of slowing trade growth, which averaged just 1.5 percent in the first half of
this year, the UAE's performance stands out. Dr. Al Zeyoudi attributed this resilience to strong
public-private partnerships and collaborative growth with emerging economies.
CEPA Programme Impact
Dr. Al Zeyoudi highlighted the importance of the Comprehensive Economic Partnership Agreement
(CEPA) programme in achieving these record results. Bilateral trade with CEPA partners India and
Türkiye grew by 15 and 9.8 percent respectively, now accounting for 11.7 percent of the UAE's total
foreign trade.
"As we continue to expand and finalise more CEPA deals," he said, "we anticipate further growth,
steering us toward our ambitious target of AED4 trillion in non-oil foreign trade by 2031."
"As we look to the future," Dr. Al Zeyoudi concluded, "we will ensure that the UAE continues to
leverage the power of trade to drive sustainable, long-term economic growth and prosperity for our
nation."
https://www.onearabia.me/business/uae-non-oil-foreign-trade-hits-record-high-011-62909.html

