Loading...
Loading...
The agreement is set to accelerate bilateral trade, unlock new investment and joint-venture opportunities, and open wide prospects for the UAE’s business community in a high-potential market within a strategically important region.
By removing or reducing tariffs on most goods and services, the CEPA will enhance market access for exporters in both countries, expand their global reach, strengthen private-sector cooperation, and support entrepreneurs and SMEs.
Notably, this is Azerbaijan’s first trade agreement to include a dedicated services chapter, expected to generate significant opportunities in sectors such as finance, consulting, construction, and professional services.
Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said the UAE–Azerbaijan CEPA represents a transformative milestone in bilateral ties, with the potential to boost trade, unlock investment, and deepen private-sector collaboration, particularly in logistics, renewable energy, and advanced manufacturing.
He added that Azerbaijan’s strategic location along North–South trade routes, combined with aligned economic visions, will enhance resilience and support sustainable growth in a rapidly evolving global market.
The UAE is Azerbaijan’s largest Arab trading partner, accounting for 40% of its trade with the MENA region. It is also the leading Arab investor in Azerbaijan, with investments exceeding US$1 billion, indicating strong potential for further cooperation.
Non-oil trade between the two countries has shown strong growth, increasing by 31.4% over the past two years to surpass US$2.2 billion in 2025, reflecting the strength and resilience of bilateral relations.
This CEPA adds to the UAE’s expanding global trade programme and builds on years of close cooperation between the two nations, aligning with the country’s broader strategy to diversify its economy.
For an optimal experience, please
rotate your device to portrait mode.
