Page 875 - MOET ENGLISH PR REPORT - JUNE 2025

6/10/25, 11:42 AM UAE-Serbia Comprehensive Economic Partnership Agreement officially comes into force - Eye of Dubai
Serbia is an important partner for the UAE, with its diverse economy and strategic location providing a vital gateway into
Eastern Europe and the Balkans. The CEPA is expected to not only enhance trade but also increase private sector
collaboration and promote investments in priority sectors such as renewable energy, agriculture, logistics, and technology.

The UAE is Serbia’s leading trading partner in the GCC, accounting for approximately 55% of its total trade with the region in
2023. The bilateral relationship has been further strengthened by increasing flows of FDI, which has been directed towards

high-growth sectors, enhancing shared economic interests. With the CEPA now ratified and officially in force, both nations can
leverage the agreement to foster economic growth and create opportunities that will benefit their citizens.

The CEPA programme is a cornerstone of the UAE's strategic growth objectives, aiming to increase total non-oil trade to
US$1.1 trillion by 2031 and doubling the size of the economy to US$800 billion by 2031.

The UAE-Serbia CEPA is the 10th to come into force, with 27 in total having been concluded so far with countries spanning
the Middle East, Africa, Southeast Asia, South America and Europe.

https://www.eyeofdubai.ae/news/details/uae-serbia-comprehensive-economic-partnership-agreement-officially-comes-into-force 2/2