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4/24/24, 11:52 AM UAE, Colombia sign major trade pact - ARN News Centre- Trending News, Sports News, Business News, Dubai News, UAE New…
The agreement follows an impressive increase in bilateral non-oil trade, which climbed 43 per cent
to reach an all-time high of $53.1 million in 2023 – more than double the total achieved in 2021.

Similar agreements with India, Israel, Indonesia, Turkey and Cambodia are now in full operation and

are already making a significant contribution to the UAE’s non-oil foreign trade, which reached a
record AED 2.6 trillion (AED 3.5 trillion including trade in services) in 2023.

Deals with Congo-Brazzaville, Costa Rica, Georgia, Kenya, Mauritius, and South Korea have also

been concluded.

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