UAE–Türkiye trade has nearly tripled following the CEPA agreement.

Date:

Non-oil trade between the two countries surpassed $45.2 billion in 2025.

Istanbul: The UAE and Türkiye are working to further strengthen their economic partnership as trade and investment ties continue to grow under the Comprehensive Economic Partnership Agreement (CEPA), which came into effect in September 2023.

Speaking at a series of meetings and business events in Istanbul, Dr Thani Al Zeyoudi said non-oil trade between the UAE and Türkiye has nearly tripled compared to 2022 levels, before the CEPA was signed and implemented.

According to figures released during the visit, non-oil 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 Turkish ministers and senior officials during the visit, including Mustafa Tuzcu, Türkiye’s Deputy Minister of Trade, with discussions focused on expanding trade cooperation, boosting investment flows, and maximising the benefits of the bilateral trade agreement.

Addressing the UAE–Türkiye Business Forum, Al Zeyoudi said the two countries have built a “strong and growing relationship” based on shared objectives and mutual respect.

“The results of the Comprehensive Economic Partnership Agreement between the two friendly countries clearly reflect this, with non-oil trade nearly tripling compared to 2022, before the agreement was signed and came into force in 2023,” he said.

He added that both countries are working to create wider opportunities for collaboration between their business communities, aiming to support sustainable growth and long-term economic cooperation.

Al Zeyoudi also took part in the third annual meeting of the UAE–Türkiye Business Council following its restructuring, describing it as evidence of the growing strategic trade and investment partnership between the two nations.

“The UAE is committed to ensuring that the next chapter of our strategic partnership with Türkiye is more ambitious and innovative,” he said.

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

The forum also saw the signing of two new memoranda of understanding designed to enhance cooperation and expand partnerships between the business communities of both countries.

The UAE–Türkiye CEPA was among the first agreements signed under the UAE’s broader strategy to expand foreign trade, strengthen supply chains, and create new opportunities for the private sector.

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

AD Ports Group Q2 net profit surges 88% to Dh836m as shipping, free zones and logistics drive growth

AD Ports Group revenue jumps 47% to record Dh7.08bn...

Dubai Police warn of fake ads and cloned websites among UAE’s most common online scams

Dubai Police warn online shoppers and residents seeking digital...

UAE bank lending surges as borrowing accelerates in June

UAE bank lending accelerates in June as credit to...

Sheikh Mohammed urges people to do what is right despite criticism

Dubai Ruler urges people to think differently and stay...