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2/26/25, 4:15 PM UAE-Ukraines CEPA Will Enter Into Force This Year - UrduPoint

UAE-Ukraine's CEPA Will Enter Into

Force This Year

Faizan Hashmi Published February 17, 2025 | 09:15 PM

ABU DHABI, (UrduPoint / Pakistan Point News / WAM - 17th Feb, 2025) Dr.

Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, stated that the
Comprehensive Economic Partnership Agreement (CEPA)

with Ukraine underscores the UAE’s steadfast approach to building

developmental partnerships worldwide.

In statements to the Emirates news Agency (WAM), Dr. Thani Al Zeyoudi

emphasised that this significant agreement aligns with the forward-looking vision
of the UAE’s leadership, which underscores the importance of enhancing

international cooperation in trade and investment as the best guarantee for

establishing peace, stimulating growth, and promoting global prosperity.

He pointed out that upon its expected implementation in 2025, the agreement will

eliminate customs duties on 99% of Ukrainian imports of Emirati goods and 97%
of Ukraine’s exports to the UAE.

He added that the agreement aims to double the trade volume between the two

countries. Despite the ongoing war, non-oil bilateral trade reached

$372.4 million in 2024, whereas in 2021, trade stood at $904.4 million, reflecting a
28.4% growth compared to 2020.

He explained that the agreement benefits both countries by expanding the UAE’s

trade partnerships, marking it as the third trade agreement signed by

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