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.

Commnets 0
Leave A Comment

Related Posts
© SoftBank Slides 12% as U.S. Tech Selloff Triggers Broad Decline Across Asian Markets

SoftBank Slides 12% as U.S. Tech Selloff Triggers Broad Decline Across Asian Markets

Shares of SoftBank Group plunged more than 12% on Friday, leading a sharp decline in Asian technology stocks after weakness in U.S. markets renewed investor concerns over artificial intelligence spend...

© IMF and China Deepen Cooperation on Digital Economy Measurement Amid Global Trade Tensions

IMF and China Deepen Cooperation on Digital Economy Measurement Amid Global Trade Tensions

The International Monetary Fund (IMF) and China's National Bureau of Statistics have signed a new Memorandum of Understanding (MoU) aimed at improving the measurement of China's rapidly expanding digi...

© US Eases Travel Restrictions for Iran World Cup Team Ahead of Seattle Match

US Eases Travel Restrictions for Iran World Cup Team Ahead of Seattle Match

The United States has eased travel restrictions on Iran's national football team, allowing the squad to arrive in Seattle two days before its next FIFA World Cup match after initially requiring player...

© Germany to Acquire 40% Stake in KNDS, Strengthening European Defence Partnership with France

Germany to Acquire 40% Stake in KNDS, Strengthening European Defence Partnership with France

Germany announced Monday that it intends to acquire a 40% stake in KNDS, the Franco-German defence group behind the Leopard battle tank, in a move aimed at strengthening European military manufacturin...

© U.S. and Iran Agree on Roadmap for Final Deal, Plan to End Military Operations in Lebanon

U.S. and Iran Agree on Roadmap for Final Deal, Plan to End Military Operations in Lebanon

The United States and Iran have agreed on a roadmap aimed at reaching a comprehensive agreement within the next 60 days, marking a significant step forward in diplomatic efforts to reduce tensions acr...

© Bank of Spain Warns of 750,000-Home Housing Shortfall as Housing Crisis Deepens

Bank of Spain Warns of 750,000-Home Housing Shortfall as Housing Crisis Deepens

Spain is facing a significant housing challenge, with an estimated shortage of 750,000 homes nationwide, according to the Bank of Spain's 2025 annual economic report. The warning highlights growing co...

© Apple Price Rises ‘Unavoidable’ as AI Chip Costs Surge, CEO Tim Cook Warns

Apple Price Rises ‘Unavoidable’ as AI Chip Costs Surge, CEO Tim Cook Warns

Apple customers could soon face higher prices for iPhones, Macs, and other devices as the company struggles to absorb soaring memory-chip costs driven by the global artificial intelligence boom, Chief...

© Oil Prices Fall as IEA Warns of Supply Glut Following US-Iran Peace Agreement

Oil Prices Fall as IEA Warns of Supply Glut Following US-Iran Peace Agreement

Oil prices fell on Thursday after the United States and Iran signed a peace agreement aimed at ending months of conflict in the Middle East, while the International Energy Agency (IEA) warned that a l...

© Yum Brands Sells Pizza Hut for $2.7 Billion Amid Fast-Food Industry Challenges

Yum Brands Sells Pizza Hut for $2.7 Billion Amid Fast-Food Industry Challenges

Yum Brands has announced the sale of Pizza Hut in a deal valued at $2.7 billion, marking a significant shift in the company's portfolio as fast-food operators navigate rising costs, changing consumer ...

© Spain Held by Cape Verde as Sweden Cruise Past Tunisia in FIFA World Cup Opener

Spain Held by Cape Verde as Sweden Cruise Past Tunisia in FIFA World Cup Opener

Spain's FIFA World Cup campaign got off to an unexpected start after the tournament favourites were held to a goalless draw by Cape Verde in their opening Group H fixture, while Sweden produced a comm...