UAE-Angola CEPA will further boost bilateral trade: Al Zeyoudi

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, affirmed that the Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and the Republic of Angola expands the UAE's ties with Sub-Saharan and West African markets - a high-growth region seeking to accelerate its development journey through strategic investments and partnerships.

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In a statement to the Emirates News Agency (WAM), Dr. Thani Al Zeyoudi noted that Angola is one of the most promising countries in the region thanks to its young population, abundant natural resources, and GDP growth of 4.4% in 2024. He pointed out that this agreement builds on the current momentum in bilateral trade, particularly in sectors such as gemstones, minerals, mining, digital trade, and agri-tech.

He explained that Angola’s strategic geographical location on the Atlantic coast of Southern Africa gives it the potential to become a pivotal logistics hub.

Regarding current trade and investment ties, Dr. Al Zeyoudi said relations between the UAE and Angola, established in 1997, have witnessed significant progress. Non-oil bilateral trade reached $2.17 billion in 2024, marking 2.6% growth compared to 2023. UAE non-oil exports to Angola stood at $ 135.6 million, while bilateral non-oil trade during the first half of 2025 amounted to approximately $ 1.4 billion - a 29.7% increase over the same period in 2024.