The UAE's negotiations on Comprehensive Economic Partnership Agreements (CEPA) with Japan and the European Union are now in advanced stages.
Minister of Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, says the next round of talks are set for the second week of December.
He also told the Emirates News Agency (WAM) that discussions with Nigeria and the Mercosur bloc in Latin America are progressing well, and hopes they can be wrapped up in the coming weeks.
The push for new agreements is part of a wider drive to expand trade and investment opportunities and deepen development partnerships.
Al Zeyoudi highlighted that the UAE’s non-oil foreign trade hit a record AED 2.67 trillion in the first nine months of 2025, up nearly 25 per cent year-on-year, with third-quarter figures approaching the AED 1 trillion mark for the first time.
The minister added that the agreements implemented for more than a year have yielded positive results, with trade growing by 19.4 per cent with India, 16.6 per cent with Turkey, 5.2 per cent with Indonesia, 45 per cent with Cambodia, and more than 100 per cent with Costa Rica during the first nine months of 2025.
Dubai-based TECOM Group has reported a strong financial performance for 2025, driven by rising demand across its commercial, industrial and land portfolios.
The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Vietnam has officially come into force, with an aim to "unlock investment opportunities in vital sectors such as renewable energy, technology and agriculture".
India's financial markets rallied sharply on Tuesday after a trade deal that slashed US tariffs on Indian goods to 18 per cent from 50 per cent, a development that investors said lifts a key overhang over the country's stocks, bonds and currency.
The UAE and the Democratic Republic of Congo have formalised economic ties through signing a Comprehensive Economic Partnership Agreement (CEPA) on Monday that aims to reduce tariffs and eliminate trade barriers.
The UAE's Ministry of Economy and Tourism has announced the conclusion of the sixth edition of the World’s Coolest Winter campaign, which recorded strong results across all seven emirates.