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1/2/25, 5:11 PM UAE And Eurasian Economic Union Finalise Economic Partnership Agreement - OneArabia
UAE And Eurasian Economic Union Conclude Negotiations On

Economic Partnership Agreement To Boost Trade

By OneArabia
Published: Wednesday, December 11, 2024, 11:03 [GST] The United Arab Emirates (UAE) and the Eurasian Economic Union (EAEU)
have finalised negotiations for a comprehensive economic partnership agreement. This deal aims to boost trade in goods between the UAE and

EAEU's five members: Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia. Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of State for
Foreign Trade, and Andrey Slepnev from the Eurasian Economic Commission confirmed this development.

Dr. Al Zeyoudi emphasised that concluding these negotiations underscores the UAE's commitment to fostering international cooperation and

promoting open trade based on rules. He stated, "The UAE and the Eurasian Economic Union have developed a prosperous, productive
relationship that is based on a shared commitment to long-term growth and economic diversification. The conclusion of negotiations on an
Economic Partnership Agreement between us will deepen these ties and enable us to build on our many synergies."

With a population of around 200 million people and a GDP nearing US$5 trillion, the EAEU presents significant opportunities for the UAE's private
sector. The UAE offers EAEU exporters streamlined access to high-growth markets in the Middle East, Africa, Asia, and South America. Dr. Al
Zeyoudi added that this agreement strengthens crucial links between the Gulf and Eurasia regions.

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