Group 1 - The core point of the article highlights that the non-oil trade volume between the UAE and India reached 37.6 billion USD in the first half of 2025, marking a significant year-on-year increase of 33.9% [1] - This growth is primarily attributed to the Comprehensive Economic Partnership Agreement (CEPA) that came into effect in 2022, which has qualitatively enhanced bilateral trade and investment [1] - The UAE aims to steadily progress towards achieving a bilateral trade target of 100 billion USD by 2030 [1]

Core Insights - The UAE's Minister of Foreign Trade, Thani Al Zeyoudi, met with the UAE-Vietnam Business Council to discuss the prospects of the UAE-Vietnam Comprehensive Economic Partnership Agreement (CEPA) [2] - Vietnam is the UAE's largest non-oil trading partner in ASEAN, with bilateral trade expected to reach $7.02 billion in the first half of 2025, marking a 16.9% year-on-year increase [2] - Both parties are committed to enhancing private sector development and expanding market access and supply chain cooperation through CEPA [2] Trade and Economic Cooperation - Current cooperation includes logistics infrastructure, such as the Saigon Container Terminal and Mekong River freight services [2] - Trade between the UAE and ASEAN countries is steadily increasing, projected to reach $37.7 billion in 2024, accounting for 4.6% of the UAE's global non-oil trade [2] - This growth demonstrates strong momentum in regional cooperation [2]

Core Points - The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and New Zealand has officially come into effect, marking significant progress in trade and investment relations between the two countries [1] - CEPA is expected to increase the average annual bilateral trade to over $5 billion by 2032, a substantial rise from the average of $1.5 billion during the period from 2019 to 2023 [1] - The agreement will eliminate or reduce tariffs, simplify customs procedures, and promote private sector cooperation [1] Trade Relations - New Zealand will provide 100% tariff-free treatment on imports from the UAE, while the UAE will offer tariff-free treatment on 98.5% of New Zealand products [1] - This agreement is New Zealand's first trade deal with a Middle Eastern country, representing a key step in strengthening economic ties with the region [1] UAE's Trade Strategy - The CEPA is a crucial part of the UAE's foreign trade strategy, aiming to achieve a total trade volume of $1 trillion by 2031 and double its economic size to over $800 billion by the same year [1] - Since its launch in September 2021, the CEPA initiative has successfully reached agreements with 28 countries, enhancing trade relations and facilitating UAE businesses' access to markets covering nearly a quarter of the global population [1]

Core Insights - The UAE-Angola non-oil bilateral trade is projected to reach over $10 billion annually by 2033, driven by the Comprehensive Economic Partnership Agreement (CEPA) [1] Trade Performance - In 2024, the non-oil bilateral trade between the UAE and Angola is expected to be $2.17 billion, reflecting a year-on-year growth of 2.6% [1] - In the first half of 2025, the non-oil trade volume is approximately $1.4 billion, showing a significant year-on-year increase of 29.7% [1] Import and Export Dynamics - The UAE primarily imports diamonds, gold, copper and alloys, and grains from Angola, accounting for 99.8% of its imports [1] - Major exports from the UAE to Angola include light oil distillates, steel, faucets and valves, metal structures and parts, cigarettes, and perfumes, which constitute 50% of its exports [1] Economic Impact - The CEPA is expected to enhance the UAE's connections with sub-Saharan and West African markets [1] - The agreement is anticipated to contribute approximately $1 billion to the GDP of both countries and create nearly 30,000 new jobs [1]

Core Insights - The UAE's non-oil foreign trade is projected to exceed 1.7 trillion dirhams (approximately 462.8 billion USD) in the first half of 2025, marking a historical high with a year-on-year growth of 24.5%, significantly outpacing the global average of about 1.75% [1] Trade Performance - Non-oil exports increased by 44.7% year-on-year, while imports grew by 22.5%, and re-export trade rose by 14%, reinforcing the UAE's position as a major global re-export hub [1] Economic Partnerships - The UAE has signed 28 Comprehensive Economic Partnership Agreements (CEPA), with 10 already in effect, and plans to sign an additional 3 to 6 agreements by the end of the year, highlighting the country's expanding international partnerships [1] Infrastructure and Strategy - The UAE's robust economic system and advanced logistics infrastructure play a crucial role in solidifying its status as a global trade hub, reflecting the effectiveness of its long-term economic strategies and forward-looking policies [1]

Group 1 - Indonesia plans to sign a Comprehensive Economic Partnership Agreement (CEPA) with the European Union by the third quarter of 2026 [1]

Core Insights - The UAE and the EU have officially launched negotiations for a bilateral free trade agreement, marking a significant step in the UAE's efforts to establish deeper economic partnerships with more countries [1] - The Comprehensive Economic Partnership Agreement (CEPA) is a key initiative aimed at diversifying the UAE's economy away from oil dependency and enhancing its global competitiveness [2][8] Economic Diversification Efforts - The UAE has set ambitious goals under its "We the UAE 2031" vision and the "UAE 2071 Centennial Plan," focusing on sustainable development and global competitiveness [2] - CEPA aims to strengthen the UAE's international economic ties, facilitate trade, and ensure better market access for its goods and services, thereby enhancing its status as a global trade and logistics hub [2][3] - By 2031, the UAE government targets to increase non-oil foreign trade to 4 trillion dirhams and non-oil exports to 800 billion dirhams [2] Trade Growth and Impact - As of Q1 2025, the UAE has signed CEPA agreements with 26 countries, significantly boosting non-oil foreign trade [4] - In 2024, the UAE's non-oil goods trade reached a record 3 trillion dirhams, a 14.6% increase year-on-year, with exports to CEPA partner countries growing by 42.3% [4] - The CEPA with India aims to increase bilateral non-oil trade to 100 billion USD annually by 2030, with trade exceeding 240.2 billion dirhams in 2024 [4] Economic Benefits of CEPA - CEPA has led to substantial economic benefits by reducing tariffs and enhancing customs facilitation, lowering overall trade costs [5] - The agreements promote procurement diversification, reducing reliance on single markets and enhancing supply chain resilience [5] - CEPA has also restructured the UAE's internal economy, fostering a vibrant private sector and integrating SMEs into global value chains [5][6] Future CEPA Expansion - The UAE is actively pursuing new CEPA partnerships, with negotiations with Japan nearing completion and discussions ongoing with several other countries [7] - Future CEPA agreements will focus on emerging markets and strategic sectors such as AI, renewable energy, and digital economy [7] - CEPA serves as a tool for the UAE's foreign policy, promoting open trade and reducing dependency on single major powers, thereby enhancing its diplomatic influence [8]