The UAE and Azerbaijan have officially entered into a Comprehensive Economic Partnership Agreement (CEPA) to bolster trade and investment relations between the two nations.
The CEPA is expected to provide a range of opportunities for the UAE business community in a high-potential economy and a strategically important region.
By eliminating or reducing customs duties on most goods and services, it is also expected to provide greater market access and a global reach for exporters in both countries, as well as enhance cooperation within the private sector and empower entrepreneurs and small and medium-sized enterprises.
The UAE is Azerbaijan’s largest Arab trading partner, accounting for 40 per cent of its trade with the Middle East and North Africa region.
The UAE’s non-oil foreign trade with Azerbaijan has also witnessed remarkable growth, reaching $2.2 billion in 2025, reflecting the strength of bilateral relations between the two sides, building on years of close cooperation, in line with the UAE’s broader vision to diversify its economy.
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