whatsapp

UAE-Türkiye Trade Surges to $45.2 Billion Under CEPA Agreement in 2025

  • 0
  • 575
/media/GTN__11.webp © UAE-Türkiye Trade Surges to $45.2 Billion Under CEPA Agreement in 2025

Economic relations between the UAE and Türkiye continue to strengthen as bilateral trade and investment cooperation accelerate under the Comprehensive Economic Partnership Agreement (CEPA), which officially came into force in September 2023.

Speaking during a series of business meetings and official engagements in Istanbul, Thani bin Ahmed Al Zeyoudi said non-oil trade between the UAE and Türkiye had nearly tripled compared to 2022 levels, before the CEPA agreement was signed and implemented.

According to figures shared during the visit, non-oil foreign trade between the two countries exceeded $45.2 billion in 2025, reflecting an annual growth of 15.5 per cent compared with 2024.

Al Zeyoudi met several senior Turkish officials during the visit, including Mustafa Tuzcu, with discussions centred on strengthening bilateral trade cooperation, increasing investment flows, and maximising the long-term benefits of the trade agreement.

Addressing the UAE-Türkiye Business Forum in Istanbul, Al Zeyoudi described the relationship between the two countries as a rapidly growing partnership built on shared economic ambitions and mutual cooperation.

He stated that the CEPA agreement had already delivered measurable economic results, significantly boosting non-oil trade volumes between the two nations within a short period of implementation.

Officials from both countries are now focusing on expanding opportunities for private-sector collaboration, strengthening supply chains, and supporting sustainable economic growth across multiple industries.

Al Zeyoudi also participated in the third annual meeting of the UAE-Türkiye Business Council following its restructuring, describing the council as an important platform for deepening trade and investment relations between the two economies.

He emphasised that the UAE remains committed to building a more ambitious and innovation-driven strategic partnership with Türkiye in the coming years.

The UAE delegation included representatives from several major sectors, including logistics, renewable energy, artificial intelligence, technology, food security, aviation, healthcare, and financial services.

During the forum, both countries also signed two new memoranda of understanding aimed at strengthening cooperation between business communities and expanding future partnership opportunities.

The UAE-Türkiye CEPA was among the first trade agreements signed under the UAE’s broader strategy to diversify foreign trade partnerships, strengthen economic resilience, and create new growth opportunities for businesses operating across international markets.

Related Posts
© Gold Prices Rebound Amid Market Volatility Ahead of Key US Inflation Data

Gold Prices Rebound Amid Market Volatility Ahead of Key US Inflation Data

Gold prices witnessed volatile movement on Tuesday as global investors positioned themselves ahead of major US inflation data expected later this week. The precious metal managed to recover from sharp...

  • 537
© Potato Futures Surge Over 700% Amid Iran War Supply Fears

Potato Futures Surge Over 700% Amid Iran War Supply Fears

Potato-linked financial contracts have recorded a dramatic surge of more than 700 percent in less than a month as global markets react to fears surrounding the ongoing Iran war and its impact on agric...

  • 921
© Iran Conflict Expected to Dominate Trump-Xi Summit Amid Global Trade Concerns

Iran Conflict Expected to Dominate Trump-Xi Summit Amid Global Trade Concerns

Rising tensions surrounding the Iran conflict are expected to dominate discussions during the upcoming summit between United States President Donald Trump and Chinese President Xi Jinping, potentially...

  • 537
© Bank of Sharjah Delivers Strong Q1 2026 Performance with 30% Profit Growth

Bank of Sharjah Delivers Strong Q1 2026 Performance with 30% Profit Growth

Bank of Sharjah has reported a strong start to 2026, posting record quarterly results driven by steady business expansion, rising revenues, and disciplined financial management....

  • 439
© Anthropic Explores Partnership with Fractile to Diversify AI Chip Supply Chain

Anthropic Explores Partnership with Fractile to Diversify AI Chip Supply Chain

Artificial intelligence company Anthropic is reportedly in early-stage discussions with UK-based semiconductor start-up Fractile to secure access to next-generation AI chips, as it seeks to diversify ...

  • 639
© MSC Launches New Trade Route to Bypass Hormuz Disruptions

MSC Launches New Trade Route to Bypass Hormuz Disruptions

Mediterranean Shipping Company (MSC) has announced the launch of a new Europe–Red Sea–Middle East shipping service aimed at maintaining trade flow while bypassing disruptions in the Strait of Hormuz....

  • 553
© Oil Markets Turn Volatile as WTI Falls, Murban Drops While Oman Crude Surges

Oil Markets Turn Volatile as WTI Falls, Murban Drops While Oman Crude Surges

Global oil prices showed sharp and uneven movements on Monday as geopolitical tensions in the Gulf region triggered uncertainty across energy markets. Reports of a tanker being hit by unknown proje...

  • 942
© Exxon CEO Signals Potential Surge in Oil Prices as Iran Conflict Disruptions Deepen

Exxon CEO Signals Potential Surge in Oil Prices as Iran Conflict Disruptions Deepen

Global oil markets may be underestimating the long-term consequences of the ongoing Iran conflict, according to Exxon Mobil CEO Darren Woods, who warned that the full scale of supply disruptions has y...

  • 865
© ECB Holds Interest Rates at 2% Amid Rising Inflation and Slowing Eurozone Growth

ECB Holds Interest Rates at 2% Amid Rising Inflation and Slowing Eurozone Growth

The European Central Bank (ECB) has kept its key interest rates unchanged at 2% for the third consecutive meeting, as policymakers navigate a complex economic environment marked by rising inflation an...

  • 732
© India Surpasses 50% Non-Fossil Power Capacity, Achieves Target Ahead of 2030 Deadline

India Surpasses 50% Non-Fossil Power Capacity, Achieves Target Ahead of 2030 Deadline

India has reached a major milestone in its energy transition, achieving more than 50% of its installed electricity capacity from non-fossil sources five years ahead of its 2030 target under the Paris ...

  • 6829
Commnets 0
Leave A Comment