The comprehensive economic partnership agreement between the UAE and Jordan enters into force tomorrow

The comprehensive economic partnership agreement between the United Arab Emirates and the Hashemite Kingdom of Jordan is officially entered into force tomorrow to launch a new era of commercial and investment strategic partnership between the two brotherly countries.
This is the first agreement that the UAE expects with an Arab country within the program of comprehensive economic partnership agreements, and it is also the first to enter into force, and aims to raise commercial and investment ties, stimulate growth in sectors of common concern, support entrepreneurship, and stimulate the growth of small and medium companies.
With the comprehensive economic partnership agreement between the UAE and Jordan entered into force, the two countries aim to increase the value of non -oil bilateral trade to more than 8 billion dollars by 2032.
This comes in the wake of standard annual growth between 2023 and 2024 amounted to 34.1%, as the value of non -oil trade between Al -Baladin reached about 5.62 billion dollars in 2024. Under the agreement, customs duties will be canceled or removed, which improves access to markets and handles regional and global supply chains.
Dr. Thani bin Ahmed Al -Zyoudi, Minister of State for Foreign Trade, said that the comprehensive strategic partnership agreement between the UAE and Jordan inaugurates a new era of constructive cooperation with the brothers in the Kingdom of Jordan, and elevates our commercial and investment ties and adopts a framework for joint growth and prosperity, and Jordan has always been an important strategic partner for the UAE, and through this agreement, we will provide more opportunities to build long -term partnerships between the business community in a way In stimulating joint economic growth, it achieves the interests of the two countries and two brotherly peoples.
Jordan has been a key strategic partner for the UAE for many decades, as non -oil bilateral trade witnessed tremendous growth during the past decade, an increase of 138%.
The UAE is also the fifth largest commercial partner for Jordan around the world, while the UAE remains the largest foreign investor in Jordan, where the value of mutual investments is estimated at $ 22.5 billion.
And expectations indicate that the agreement will generate huge opportunities across various sectors, including renewable energy, medicines, logistics and tourism.
The Jordanian workforce is highly skilled and the strong industrial base in the Kingdom, especially in the field of phosphate, textiles and medicines, the experiences of the UAE within the fields of energy, infrastructure and financing, which sponsors the growth of a cooperative environment that improves global access to the two countries.
The agreement was concluded after only 3 rounds of negotiations, which confirms the joint commitment to the two countries to achieve the benefits of the new agreement quickly. The agreement will support small and medium enterprises by reducing commercial restrictions and providing cooperation platforms that will enable the next generation of entrepreneurs and innovators and ensure a wide participation of economic benefits.
The comprehensive economic partnership agreements program is a major element within the strategy of economic growth adopted by the UAE, which highlights its commitment to holding strong global trade partnerships. The UAE aims to double the value of its economy to reach 800 billion dollars by 2030 and achieve more than $ 1.1 trillion of the total value of non -oil trade by 2031.
The program presented an important contribution to the UAE achieving a record in terms of the value of non -oil trade, which amounted to 816 billion dollars in 2024, which constitutes a 14.6% increase from 2023. After the conclusion of 27 agreements, the program of comprehensive economic partnership agreements expands the scope of the arrival of Emirati companies to more than a quarter of the world’s population.