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UAE and Philippines strengthen bilateral trade, investment ties
Gulf Today
|August 15, 2025
Dr. Thani Bin Ahmed Al Zeyoudi, Minister of Foreign Trade, held a meeting with the Philippines Business Council in the UAE to explore expanding private sector relations between the two nations.
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This meeting follows the agreement of a bilateral Comprehensive Economic Partnership Agreement (CEPA) last July, aimed at enhancing trade cooperation and investment opportunities.
The meeting touched on ways to build and expand partnerships between the business communities and the private sector on both sides. During the meeting, Al Zeyoudi highlighted the growing economic partnership between the UAE and the Philippines, noting that the total volume of non-oil trade reached approximately $940 million in 2024. Growth has continued in 2025, with non-oil trade reaching $257.7 milion in Q1.
The UAE is the Philippines’ top export market among Arab and African countries as well as its I7th largest globally, demonstrating the strong foundation on which both nations can further expand collaboration.
Diese Geschichte stammt aus der August 15, 2025-Ausgabe von Gulf Today.
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