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5/30/25, 3:34 PM Thani Al Zeyoudi Participates In Inaugural ASEAN-GCC-China Economic Forum In Kuala Lumpur, Malaysia | Pakistan Point
trajectories but become the driving force of the global economy. Our foreign trade policy has
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 US$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.

The Forum, held in conjunction with the inaugural ASEAN-GCC-China Summit, 2nd ASEAN-
GCC Summit and 46th 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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