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5/30/25, 3:32 PM UAE highlights commitment to building strong global trade, investment ties at ASEAN-GCC-China Economic Forum

GCC, China and ASEAN bloc to become driving force of global

economy

Leaders and business representatives from 17 nations gathered at the ASEAN-GCC-China
Economic Forum to exchange views on how they work together to navigate today’s complex
economic and geopolitical landscape. Al Zeyoudi said the forum offered the chance for attending
nations to align their economic visions to achieve strong growth.

“By deepening our connections and exploring avenues of mutual interest, the GCC, China and
ASEAN bloc can not only maintain our own upward growth trajectories but also become the driving
force of the global economy,” he added.

UAE-ASEAN trade ties in focus

The UAE enjoys positive trade and investment ties with nations across Asia, including the ASEAN
bloc. The UAE has concluded Comprehensive Economic Partnership Agreements (CEPAs) with
Indonesia, Cambodia, Vietnam and Malaysia, helping to propel the UAE’s non-oil foreign trade
with ASEAN countries to $37.7 billion in 2024, a growth of 4.2 percent compared to 2023 and 16.8
percent more than in 2022.

In addition, ASEAN countries accounted for 4.6 percent of the UAE’s total non-oil trade with the
world in 2024, and 11.3 percent of the UAE’s trade with non-Arab Asian countries.

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