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Economy·7 October 2026

UAE-EAEU Economic Partnership Agreement Now Active, Targeting $50 Billion Trade by 2032

The Economic Partnership Agreement (EPA) between the UAE and the Eurasian Economic Union (EAEU) has officially entered into force, aiming to boost annual trade to nearly $50 billion by 2032 through preferential access an

The Economic Partnership Agreement (EPA) between the United Arab Emirates and the Eurasian Economic Union (EAEU) officially commenced on Tuesday, establishing a new preferential trade framework. This agreement involves the UAE and EAEU member states: Armenia, Belarus, Kazakhstan, Kyrgyzstan, and the Russian Federation.

The primary goal of the EPA is to accelerate merchandise trade by reducing or eliminating customs duties across a significant range of products. It also aims to streamline trade procedures and remove unnecessary barriers. Key provisions include modern rules for customs cooperation, e-commerce, economic collaboration, and promoting the participation of small and medium-sized enterprises (SMEs) in international trade.

Key Trade Facilitation Measures

Under this new regime, the UAE and EAEU countries will grant preferential access across more than 86% of tariff lines, encompassing approximately 96% of the current value of goods traded between the two sides. This is projected to increase annual trade between the markets to nearly $50 billion by 2032.

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, highlighted that the agreement transforms strong commercial momentum into a practical platform for exporters, manufacturers, and supply-chain partners. He noted that improving market access, simplifying customs procedures, and establishing clear, transparent rules will enable businesses to move goods more efficiently and compete across a market of five major Eurasian economies.

Impact and Strategic Importance

The EPA is expected to strengthen supply-chain resilience, support food security, and create new opportunities for collaboration in various sectors, including manufacturing, agriculture, logistics, automotive products, technology, and precious metals. It also positions the UAE as an efficient gateway to the Middle East, Africa, and Asia for EAEU producers, using the UAE’s robust trade and logistics infrastructure.

The agreement follows a period of expanding trade between the two sides. Non-oil trade between the UAE and EAEU reached $33.6 billion in 2025, a 16% increase from $29 billion in 2024, and more than quadrupled its 2021 value. Imports from the EAEU totaled $17.8 billion in 2025, with re-exports reaching $13.7 billion. In the first half of 2026, bilateral non-oil trade saw a further 6.2% year-on-year growth, reaching $14.3 billion.

The CEPA programme, under which this EPA falls, is a key pillar of the UAE’s foreign trade agenda. It supports the national objective of increasing non-oil foreign trade to AED 4 trillion ($1.1 trillion) by 2031, reflecting the country’s commitment to open, rules-based trade and economic diversification.

Frequently asked

Questions, answered

Which countries are part of the EAEU involved in this agreement with the UAE?
The EAEU countries included in the Economic Partnership Agreement with the UAE are Armenia, Belarus, Kazakhstan, Kyrgyzstan, and the Russian Federation.
What is the main goal of the UAE-EAEU Economic Partnership Agreement?
The main goal of the agreement is to accelerate merchandise trade by reducing or eliminating customs duties across a broad range of products, streamlining trade procedures, and addressing unnecessary barriers, with a target of nearly $50 billion in annual trade by 2032.
What percentage of tariff lines will receive preferential access under the new trade regime?
Under the new trade regime, the UAE and EAEU countries will grant preferential access across more than 86% of tariff lines, covering approximately 96% of the value of currently traded goods.
What was the value of UAE-EAEU non-oil trade in 2025?
UAE-EAEU non-oil trade reached $33.6 billion in 2025, which was a 16% increase from the previous year and more than four times its value in 2021.
How does this agreement support the UAE's broader economic goals?
This agreement is a key pillar of the UAE’s CEPA programme, supporting the national objective of increasing non-oil foreign trade to AED 4 trillion ($1.1 trillion) by 2031, promoting economic growth and diversification.
Reported by
Google News — UAE Economy & Investment · Zawya — UAE Real Estate
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This brief was summarised and rewritten by Gaia Living from public reporting. Figures and details reflect the original sources.

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