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economy with a strategic location at the heart of the Arab world, is an ideal regional partner for
these efforts.

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, noted, "The CEPA aligns
closely with Jordan Energy Strategy for (2020-2030) and supports the development of renewable
energy, with 29 percent of Jordan's electricity already coming from solar and wind power."

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, stated that the
agreement aligns with the UAE leadership's vision of continuously strengthening cooperation with
both regional and international partners in support of sustainable economic and social
development efforts.
He also explained that the agreement complements the Industrial Partnership for Sustainable
Economic Growth launched in 2022 with Jordan and Egypt, which has since expanded to include
more countries. This partnership offers new investment opportunities and developmental enablers
in diverse industrial sectors, including textiles, metals, pharmaceuticals, petrochemicals, among
others.
Abdulla bin Touq Al Marri, Minister of Economy, commented, "This partnership is central to our
vision of positioning the UAE as a global economic hub, expanding into new markets, and boosting
our competitiveness."

He explained that Jordan is a significant economic and trade partner in these efforts, with its real
GDP projected to reach approximately US$54 billion in 2024 and expected to grow by 3 percent over
the next five years. There are numerous opportunities to enhance cooperation in key sectors,
particularly the new economy, tourism, renewable energy, financial services, and agriculture.

Mohamed Hassan Alsuwaidi, Minister of Investment, said, "As the UAE embarks on an ambitious
growth agenda focused on strategic investments in high-potential sectors globally, Jordan stands
out as a promising partner in areas such as energy, manufacturing, tourism, healthcare, and real
estate."

He highlighted that mutual investments between the two countries have exceeded US$22.5 billion,
reflecting the deep economic, cultural, and social ties that bind Jordan and the UAE.

Dr. Amna bint Abdullah Al Dahak Al Shamsi, Minister of Climate Change and the Environment,
explained that the agreement opens doors for strategic investments and joint projects that can
support sustainable agriculture, enhance food production, improve land use, and optimise
resource consumption. “It also allows us to create vital value chains that provide more consistent
benefits for producers and ensure their products reach new markets across Asia through the UAE's
global logistics hubs.”

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that Jordan is a key
regional trade partner for the UAE, adding that in 2023, non-oil trade between the two countries
exceeded US$4.1 billion, marking a 46.1 percent increase compared to pre-pandemic levels in
2019.

https://www.wam.ae/article/b5kak1b-cepa-with-jordan-strategic-leap-for-trade