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1/21/25, 3:11 PM UAE's Comprehensive Economic Partnership Agreements: A path to enhanced global trade in 2025 - Economy Middle East
UAE’s Comprehensive Economic Partnership Agreements: A path to enhanced global trade in 2025
UAE's CEPA initiative targets $1 trillion trade and $800 billion economy by 2031
UAE's Dr. Thani Al Zeyoudi announced new CEPAs with Kenya, New Zealand, and Malaysia. (Photo Credit: WAM)
Published: Wed 15 Jan 2025, 2:23 PM Last updated: Wed 15 Jan 2025, 2:28 PM
Dr. Thani bin Ahmed Al Zeyoudi, UAE minister of State for Foreign Trade, announced that the newly signed
Comprehensive Economic Partnership Agreements (CEPAs) between the UAE and Kenya, New Zealand, and
Malaysia will significantly enhance the ongoing achievements in 2025.
“The UAE fosters economic growth through stronger open trade and investment policies. The country’s business
community is expected to reap further commercial and investment benefits from these agreements, as we continue
our efforts to expand our network of trade and investment partners and build developmental partnerships around
the world,” the minister informed the Emirates News Agency (WAM).
Read more: UAE and New Zealand sign CEPA, targeting $5 billion bilateral trade by 2032
Importance of Comprehensive Economic Partnership Agreements for global trade
Dr. Al Zeyoudi elaborated that the signing of these agreements, coinciding with Abu Dhabi Sustainability Week
2025, illustrates the UAE’s profound understanding of the significance of open and rules-based trade. “The
country continues to adopt policies that open up more commercial and investment opportunities globally through
its Comprehensive Economic Partnership Agreements Programme,” he added.
Commitment to expanding Comprehensive Economic Partnership Agreements in 2025
In December 2024, Dr. Al Zeyoudi confirmed that the UAE will persist in increasing its Comprehensive
Economic Partnership Agreements (CEPAs) in 2025, aiming to engage with additional nations to maximize
benefits for the UAE and its international trade partners. Minister Al Zeyoudi stated that these agreements will
reinforce rules-based international trade, stimulate sustainable development, elevate investments, and enhance
opportunities for trade in goods, services, and re-exporting.
UAE-Malaysia Comprehensive Economic Partnership Agreement details
On Tuesday, the UAE and Malaysia formalized a Comprehensive Economic Partnership Agreement (CEPA)
during a ceremony attended by President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His
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