UAE-Ukraine CEPA Enters Force
Analysis based on 9 articles · First reported Jun 30, 2026 · Last updated Jun 30, 2026
The Comprehensive Economic Partnership Agreement between the United Arab Emirates and Ukraine is expected to boost non-oil trade and investment, contributing significantly to both nations' GDPs by 2031. This will positively impact the international trade and logistics sectors, as well as private sector collaboration between the two countries.
The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Ukraine officially entered into force on July 1, 2026. This agreement aims to create new opportunities for trade, investment, and private sector collaboration, strengthening the United Arab Emirates' relationship with a key European market and reinforcing its role as a global trade hub. The CEPA will eliminate or reduce tariffs on a wide range of goods and services, with 99 percent of Ukrainian imports of United Arab Emirates goods and 97 percent of Ukrainian exports to the United Arab Emirates becoming exempt from customs duties immediately. The agreement is forecast to contribute $369 million to the United Arab Emirates' GDP and $874 million to Ukraine's GDP by 2031. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade for the United Arab Emirates, expressed optimism about the agreement's prospects, emphasizing its role in revitalizing trade flows and unlocking new avenues for investment. This CEPA is part of the United Arab Emirates' broader strategy to expand its global trade footprint, having concluded 37 such agreements to date.
Set up alerts, explore entity relationships, search across thousands of events, and build custom intelligence feeds.
Open Dashboard