The UAE and Turkey continue to strengthen their strategic partnership in trade and investment
Istanbul, 8 May / WAM / The UAE and the Republic of Turkey continue to strengthen their strategic trade and investment partnership by exploring more constructive cooperation opportunities between the business communities of the two friendly countries, under the umbrella of the Comprehensive Economic Partnership Agreement between them, which has been in effect since September 1, 2023, and which has already contributed, since its entry into force, to stimulating mutual trade and investment flows.
In this context, His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, met in Istanbul with a number of ministers and senior government officials and delivered a speech to business sector leaders from the two countries at the Emirati-Turkish Business Forum. He also participated in the third annual meeting of the Emirati-Turkish Business Council after its restructuring.
The value of the UAE’s non-oil foreign trade with Türkiye exceeded $45.2 billion in 2025, representing an annual growth of 15.5% compared to 2024.
The Comprehensive Economic Partnership Agreement boosted record growth in trade and investment between the two countries and allowed the two parties to exceed initial expectations for non-oil bilateral trade.
In Istanbul, His Excellency Dr. Thani Al-Zeyoudi held a meeting with His Excellency Mustafa Tuzcu, Turkish Deputy Minister of Trade, which focused on ways to make the most of the Comprehensive Economic Partnership Agreement between the two countries, with a focus on expanding the trade partnership further and identifying new opportunities for investment and constructive cooperation.
In his speech before the Emirati-Turkish Business Forum, His Excellency Dr. Thani Al Zeyoudi stressed the importance of partnership and innovation in driving economic growth in the two friendly countries.
His Excellency said: “The UAE and Turkey have a strong and growing relationship based on mutual respect and achieving common goals, and the results of the comprehensive economic partnership agreement between the two friendly countries clearly reflect this, as non-oil trade between the two countries has increased about 3 times compared to what it was in 2022, that is, before the agreement that was signed and entered into force in 2023.”
He added that as we continue to deepen our ties and expand the scope of our cooperation, we are opening greater horizons for building new partnerships between the two business communities, to contribute to achieving sustainable growth that achieves the interests of both countries.
While Al-Zeyoudi confirmed in his speech at the third annual meeting of the Emirati-Turkish Business Council after its restructuring that the Council today stands as a witness to the success story written by the Emirati-Turkish strategic partnership in trade and investment, after the common will to advance bilateral relations to new heights turned into a reality that everyone touches and is reflected in data and numbers, and joint projects in many fields where real economic value is created and sustainable partnerships are built.
His Excellency said: “The UAE is committed to making the next chapter of our strategic partnership with Türkiye more ambitious and innovative, and to continue achieving our common commercial and investment goals together.”
The Emirati delegation participating in the forum included a number of business leaders and representatives of Emirati companies in various sectors including logistics services, trade and investment, energy and renewable energy, technology and artificial intelligence, agriculture and food security, financial services, aviation, health care and others.
The Emirati-Turkish Business Forum witnessed the signing of two new memorandums of understanding to enhance cooperation and build partnerships between the business communities on both sides.
The comprehensive economic partnership agreement between the UAE and Turkey is one of the first agreements signed within the UAE’s national agenda aimed at enhancing foreign trade flows and investments, consolidating the strength of supply chains, and generating opportunities for the private sector. While the meetings, meetings and events held in Istanbul constituted an opportunity to strengthen economic ties with a major partner and pave the way towards more cooperation that will advance the wheel of mutual prosperity and growth.
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