UAE, EU to enhance trade ties and promote investment opportunities

The EU is the UAE's second-largest global trade partner, sharing $67.6b in non-oil trade in 2024, a 3.6% increase on 2023 and 18.1% more than was recorded in 2022

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A UAE delegation including Dr. Thani Bin Ahmed AI Zeyoudi, Minister of State for Foreign Trade, and Ahmed AI Sayegh, Minister of State, has visited Brussels, Belgium, for meetings with senior European Union (EU) officials and members of the Belgian government to strengthen economic ties, promote investment opportunities, and identity areas for further collaboration.

The European Union is the UAE's secondlargest global trade partner, sharing $67.6 billion in non-oil trade in 2024, a 3.6 per cent increase on 2023 and 18.1 per cent more than was recorded in 2022.

The EU now accounts for 8.3 per cent of the UAE's total non-oil foreign trade.

During talks with Maros Sefcovic, EU Commissioner for Trade and Economic Security, AI Zeyoudi reviewed the key drivers behind the UAE's strong trade relations with the European Union, particularly in advanced manufacturing, healthcare and e-commerce.

The two sides also identified opportunities for increased investment flows into high-growth sectors such as logistics and renewable energy.