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5/30/25, 4:40 PM UAE, EU Continue Talks On Comprehensive Economic Partnership Agreement - UrduPoint
The agreement will pave the way for the removal of trade barriers,

enhance market access for goods and services, and stimulate investment in key

sectors. By consolidating access to the EU market, the second largest economic
bloc in the world, the CEPA will reinforce the UAE’s status as a global trade and

logistics hub.

The EU is already one of the UAE’s key trading partners, accounting for 8.3% of
non-oil trade. In 2024, non-oil trade between the two reached US$67.6 billion,

representing a growth of 3.6% over 2023.

Al Zeyoudi emphasised the importance of the CEPA with the EU, stating, “Our

negotiations toward a UAE-EU Comprehensive Economic

Partnership Agreement is of great importance to both the UAE and the EU and
represents an extraordinary opportunity for us both to enhance trade and

investment ties that will foster greater collaboration and create mutual benefits and

prosperity. By working together, we will strengthen our supply chains, drive

innovation, and create jobs that will benefit our communities and economies for
many years to come.

”

Maroš Šefčovič commented, “Europe continues to be a reliable trading partner,
which respects the deals it makes. And it is natural to seek to grow our relations

with long-standing and trusted partners like the United Arab Emirates. A bilateral

FTA would unlock tremendous business opportunities for European and Emirati

businesses alike. Our aim is therefore to reach an ambitious deal that is

commercially meaningful on both sides – one that brings tangible, lasting benefits,
along with predictability, so essential to any successful business. This would add

strength to our regional cooperation with the Gulf Cooperation Council countries.”

During the investment roundtable, representatives from the UAE and the

European private sectors, engaged in discussions to identify mutual investment
opportunities that can drive innovation and sustainable economic development.

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