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10/17/24, 5:13 PM UAE-Serbia CEPA expected to add $351 million to GDP by 2032: Al Zeyoudi - ARN News Centre- Trending News, Sports News, B…
knowledge exchange, as well as activate opportunities for joint developmental projects in important sectors such as
logistics and food security.

The minister added that the agreement contributes to leveraging the economic opportunities that Serbia possesses,

particularly in terms of manufacturing capabilities, skilled labour, and abundant mineral resources.

He expected that the agreement will add $351 million to the UAE's GDP by 2032. “The total non-oil bilateral trade
between the UAE and Serbia reached $122.9 million in 2023, and is expected to reach $500 million in non-oil foreign
trade with Serbia over the next five years.”

Dr. Al Zeyoudi added that FDI between the two countries has increased toward high-priority sectors, including

renewable energy, agriculture, food security, infrastructure and logistics services.

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