The UAE and Azerbaijan have officially entered into a Comprehensive Economic Partnership Agreement (CEPA) to bolster trade and investment relations between the two nations.
The CEPA is expected to provide a range of opportunities for the UAE business community in a high-potential economy and a strategically important region.
By eliminating or reducing customs duties on most goods and services, it is also expected to provide greater market access and a global reach for exporters in both countries, as well as enhance cooperation within the private sector and empower entrepreneurs and small and medium-sized enterprises.
The UAE is Azerbaijan’s largest Arab trading partner, accounting for 40 per cent of its trade with the Middle East and North Africa region.
The UAE’s non-oil foreign trade with Azerbaijan has also witnessed remarkable growth, reaching $2.2 billion in 2025, reflecting the strength of bilateral relations between the two sides, building on years of close cooperation, in line with the UAE’s broader vision to diversify its economy.
Volkswagen flags 50,000 job cuts across group
UAE tightens anti-fraud rules, sets 24-hour deadline to withdraw fake goods
Apple facing $2.7 billion UK lawsuit over 'unfair' app tracking rules
Middle East Energy 2026 opens in Dubai
Shein shares slide in Hong Kong debut on worries about trade, regulatory risks
