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UAE, Australia boost trade relations

Gulf Today

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August 31, 2025

Dr Thani Bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade, met with the Australian Business Council in the UAE to discuss how the private sector can effectively leverage the opportunities of their Comprehensive Economic Partnership Agreement (CEPA).

UAE, Australia boost trade relations

The meeting underscores ongoing efforts to maximize the benefits of the CEPA signed in November last year and further enhance collaboration between the two nations.

During the meeting, Dr Al Zeyoudi emphasised the significance of Australia as a key trading partner, noting that the UAE’s non-oil foreign trade with Australia exceeded $4.2 billion in 2024. In the first half of 2025, this figure increased to $3.03 billion, reflecting a significant year-on-year increase of 33.48.

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