As of February 2025, the United Arab Emirates (UAE) has been actively expanding its partnerships and trade agreements network to strengthen its global trade relations and diversify its economy. The UAE has signed several Comprehensive Economic Partnership Agreements (CEPA) with key global markets, opening doors for businesses and entrepreneurs like never before.

These agreements reduce tariffs and create export opportunities, positioning the UAE as a vital gateway to Asia, Europe, and beyond. 

Recent CEPA Signings:

1. Malaysia (14 Jan 2025) - The UAE and Malaysia signed a CEPA aimed at increasing bilateral trade by 60%.
2. Kenya (14 Jan 2025) - The UAE and Kenya entered into a CEPA with the goal of boosting trade beyond $3 billion.
3. New Zealand (14 Jan 2025) - A CEPA was signed between the UAE and New Zealand focusing on reducing trade barriers and promoting investment opportunities between the two countries.
4. Ukraine (18 February 2025) - The UAE and Ukraine signed a comprehensive economic agreement that opens access to the UAE market for nearly all Ukrainian goods. This agreement covers various sectors, including goods, services, investments, and digital trade.

Dr. Thani bin Ahmed Al Zeyoudi, the UAE's Minister of State for Foreign Trade, revealed plans to further extend the CEPA program in 2025. The UAE seeks to engage with more countries to enhance mutual benefits with the UK, Singapore and other key economies.

What are the benefits of the UAE’s Trade Agreements?

• Lower costs for consumers and businesses due to reduced tariffs.
• Increased market access for exporters.
• Encouragement of foreign investment through stable trade relations.
• Economic growth due to expanded trade opportunities

The UAE needs to make these market connections. Amplified trade deals encourage companies and investors from these partnering regions to set up their business in the UAE as the value proposition becomes clear for collaboration between nations.

At Sovereign PPG, we’re ready to help you make the most of these agreements. Our global offices across the Middle East, Australasia and Europe make it a seamless experience for clients to expand their businesses.

Our team has the expertise to align your business setup with these new trade benefits, ensuring a seamless launch or expansion. Whether you are eyeing new markets or boosting your global reach, now’s the time to act. Contact us by sovppg@SovereignGroup.com for more information.