whatsapp

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

/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
© US Inflation Climbs to 4.2% in May, Reaching Highest Level in Three Years

US Inflation Climbs to 4.2% in May, Reaching Highest Level in Three Years

Inflation in the United States accelerated to 4.2% in May, marking its highest annual rate in three years as rising fuel costs continued to pressure consumers and influence monetary policy expectation...

© Airbus-Led Consortium Proposes Alternative Fighter Jet Program Following FCAS Collapse

Airbus-Led Consortium Proposes Alternative Fighter Jet Program Following FCAS Collapse

A consortium led by Airbus has proposed a new next-generation fighter jet programme to the German government following the collapse of the Franco-German Future Combat Air System (FCAS), one of Europe'...

© Soaring Jet Fuel Costs Slash Global Airline Profit Forecasts Despite Record Passenger Demand

Soaring Jet Fuel Costs Slash Global Airline Profit Forecasts Despite Record Passenger Demand

The global airline industry is expected to see its profits nearly halved in 2026 as escalating jet fuel costs, driven by ongoing conflict in the Middle East, offset strong revenue growth and record pa...

© Asian Tech Stocks Tumble as Global AI Rally Loses Momentum

Asian Tech Stocks Tumble as Global AI Rally Loses Momentum

The decline comes after the Nasdaq, heavily weighted toward technology companies, fell more than 4.5% last week, raising concerns that valuations in the AI sector may have run ahead of fundamentals....

© Oil Prices Slide as Markets Assess Latest US-Iran Tensions Near Strait of Hormuz

Oil Prices Slide as Markets Assess Latest US-Iran Tensions Near Strait of Hormuz

Global oil prices fell sharply on Saturday as investors evaluated the latest military developments between the United States and Iran near the strategically important Strait of Hormuz, while concludin...

© Broadcom Shares Sink 12% as AI Revenue Outlook Fails to Impress Wall Street

Broadcom Shares Sink 12% as AI Revenue Outlook Fails to Impress Wall Street

Shares of Broadcom plunged more than 12% in after-hours trading on Wednesday, wiping out over $300 billion in market value, after investors reacted negatively to the company's latest outlook despite s...

© SoftBank’s Growing OpenAI Bet Sparks Fresh Concerns Over Debt and Liquidity Risks

SoftBank’s Growing OpenAI Bet Sparks Fresh Concerns Over Debt and Liquidity Risks

Investor enthusiasm surrounding artificial intelligence has propelled Japanese technology conglomerate SoftBank Group to become Japan’s most valuable listed company, but analysts are increasingly ques...

© China Tightens Access to U.S. Stocks, Steering Retail Investors Toward Hong Kong

China Tightens Access to U.S. Stocks, Steering Retail Investors Toward Hong Kong

China is stepping up efforts to restrict domestic retail investors' access to U.S. stock markets, a move that analysts say could further strengthen Hong Kong's position as the preferred gateway for Ch...

© Wise Faces Belgian Probe Over Alleged Anti-Money Laundering Control Failures

Wise Faces Belgian Probe Over Alleged Anti-Money Laundering Control Failures

Belgian prosecutors are investigating money transfer firm Wise over allegations that weaknesses in its anti-money laundering controls may have allowed criminal groups to use the platform to move illic...

© Oil Jumps 2% as Israel Expands Lebanon Offensive, Rattling Ceasefire Hopes

Oil Jumps 2% as Israel Expands Lebanon Offensive, Rattling Ceasefire Hopes

Oil prices climbed more than 2% on Monday after Israel ordered its military to expand operations deeper into Lebanon, reigniting concerns about Middle East stability and raising fears that renewed ten...

Commnets 0
Leave A Comment