Launch of EU-United Arab Emirates trade negotiations: a strategic partnership in construction
On 10 April, the European Commission officially announced the opening of negotiations on a Comprehensive Economic Partnership Agreement (CEPA) with the United Arab Emirates. This draft agreement covers both trade in goods, services and investment, and includes crucial elements such as green energy, hydrogen or critical raw materials.
This launch confirms an evolution in the Union's trade strategy: faced with geopolitical instability and the rise of protectionism (particularly on the American side), Brussels is stepping up its efforts to diversify its key partners. And the Emirates appears to be a key regional player, with a dynamic economy focused on innovation and energy and digital transitions.
In particular:
- The EU is already the second largest trading partner in the Emirates (excluding oil), with over €67.6 billion in trade in 2024.
- This agreement could remove tariff and non-tariff barriers on strategic sectors for our exporting companies.
- It will include sustainability commitments – a criterion that has become indispensable in recent EU agreements.
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