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

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