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private sector collaboration and foster investments in priority sectors such as renewable energy,
agriculture,logistics, and technology.

In 2023, the UAE stands out as Serbia’s leading trading partner in the GCC, accounting for
approximately 55 percent of its total trade with the region. The increasing flows of foreign direct
investment (FDI) targeting high-growth sectors have further strengthened the bilateral relationship
and enhanced mutual economic interests.

As CEPA is now in effect, both nations can leverage the agreement to drive economic growth and
explore opportunities that benefit their citizens.
The CEPA program comes as a central part of the UAE’s growth strategy, which seeks to increase
total non-oil trade to $1.1 trillion by 2031 and double the size of the economy to $800 billion by
2031.

https://bazaartimes.com/uae-serbia-economic-partnership-deal-comes-into-effect-boosting-
trade-and-investment-prospects/