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5/30/25, 3:33 PM UAE delegation highlights potential of pan-Asian collaboration at the inaugural ASEAN-GCC-China Economic Forum - Middle East …
been designed to bring our economy closer to the markets of Asia and together we can
increase the flow of goods and services between us, support vital infrastructure projects, share

knowledge, and accelerate innovation. This forum has underlined the depth of this potential –
and created the platform to help the nations of our high-growth regions realize it.”

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 US$37.7 billion in 2024, a growth of 4.2% compared to 2023

and 16.8% more than in 2022. ASEAN countries accounted for 4.6% of the UAE’s total non-oil
trade with the world in 2024, and 11.3% of the UAE’s trade with non-Arab Asian countries.

The UAE also enjoys has strong trade and investment links with China. The total value of UAE–
China non-oil trade reached USD$90.1 billion in 2024, reflecting a growth of 4% compared to

2023, and increases of 16.5% and 48% compared to 2022 and 2021, respectively. China
remained the UAE’s top trading partner in 2024, accounting for 11% of the UAE’s total non-oil

trade with the world.

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The Forum, held in conjunction with the inaugural ASEAN-GCC-China Summit, 2 ASEAN-GCC
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Summit and 46 ASEAN Summit, brought together leaders and representatives from China,
the ten Association of South East Asian Nation nations – Brunei, Cambodia, Indonesia, Laos,
Malaysia, Myanmar, Philippines, Singapore, Thailand, and Vietnam – and the six Gulf
Cooperation Council nations – Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE.

Together, these countries are home to more than two billion consumers, and account for over
20% of the world’s GDP.

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