Page 903 - MOET ENGLISH PR REPORT - JUNE 2025

UAE-Serbia Comprehensive Economic Partnership

Agreement officially comes into force

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

https://www.msn.com/en-ae/money/economy/uae-serbia-comprehensive-economic-partnership-
agreement-officially-comes-into-force/ar-AA1FPZD7?ocid=BingNewsSerp