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6/10/25, 11:46 AM UAE-Serbia Comprehensive Economic Partnership Agreement Officially Comes Into Force | Pakistan Point

UAE-Serbia Comprehensive Economic Partnership

Agreement Officially Comes Into Force

10 days ago

(Pakistan Point News - 31st May, 2025) ABU DHABI, 31st May, 2025 (WAM) – The
Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates
and the Republic of Serbia has officially come into force, marking a significant milestone in the
deepening of economic ties between the two nations. The agreement is set to foster enhanced
trade and investment flows, paving the way for collaboration across a wide variety of priority
sectors.

Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for Foreign Trade, expressed his
enthusiasm regarding the CEPA’s implementation, stating, “The activation of the UAE-Serbia
CEPA heralds a new chapter in our economic relations, creating new avenues for collaboration,
investment and trade that will benefit both our nations. Through this agreement we are
committed to unlocking significant opportunities that will create jobs, strengthen supply chains,
and facilitate a thriving environment for businesses in both countries.”
The UAE-Serbia CEPA aims to boost bilateral non-oil trade, which reached approximately
US$121.4 million in 2024, double the level of trade when compared to 2021, with projections
indicating a substantial increase in bilateral trade that will contribute
US$351 million to UAE GDP by 2031. This growth is anticipated through the elimination and
reduction of custom duties for over 96% of tariff lines, thereby enhancing market access and
fostering a more conducive environment for private sector collaboration.

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