Page 247 - MOE ENGLISH PR REPORT - APRIL 2025 (Part 1)
P. 247
4/28/25, 3:09 PM UAE and Germany eye enhanced trade relations
remains an open, welcoming business environment for any
enterprises from North Rhine-Westphalia seeking to expand into
the Middle East and help develop our industrial and innovation
ecosystem. Today’s meeting with HE Wüst and the subsequent
business roundtable will help create the networks that can facilitate
this activity, and we remain on hand to support bilateral trade and
investment flows in the months and years ahead.”
In 2024, the UAE and Germany, the world’s third-largest economy, shared non-oil
trade worth $13.8 billion, a 5.4 percent increase compared to 2023. The UAE
investments in Germany exceeds $1.2 billion, committed to various projects
across the region.
Recently, the UAE has revealed its plans to open negotiations towards a
Comprehensive Economic Partnership Agreement with the European Union, of
which Germany is the single largest economy.
https://www.gccbusinessnews.com/uae-and-germany-trade-relations/ 3/3

