UAE Establishes First Arab Trade Partnership With Republic Of Congo Through CEPA

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and the Republic of the Congo is set to significantly enhance trade relations, potentially exceeding US$7.2 billion by 2032. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, highlighted this development in a conversation with the Emirates News Agency (WAM). The UAE stands as the Republic of the Congo's primary Arab trade partner.

Dr. Al Zeyoudi noted that since diplomatic ties were established, non-oil trade between the two nations has grown markedly. In 2024, this trade reached $3.1 billion, marking a 4.2 percent increase from 2023. The UAE’s non-oil exports alone amounted to $86 million during this period.

The CEPA will provide Emirati products with preferential access to Congolese markets, with 99.5 percent of customs items benefiting from tariff exemptions. This move is expected to boost competitiveness in several UAE industries, including aluminium, polyethylene, petrochemicals, heavy machinery, ceramics, glass, iron, steel and copper.

Dr. Al Zeyoudi emphasised that the agreement marks a strategic advancement in public-private sector collaboration. It paves the way for new opportunities across key service industries. The services sector holds significant potential for economic cooperation as it contributes about 33 percent to the Republic of the Congo’s GDP.

The Congolese government is keen on strengthening its services sector as part of its economic diversification efforts. This aligns with CEPA’s objectives to open new avenues for reinforcing ties with Sub-Saharan Africa—a region eager for strategic investments to support sustainable growth.

The Republic of the Congo is considered one of the most promising economies in Sub-Saharan Africa. As a global supply chain hub, the UAE will play a crucial role in assisting Congolese exporters in reaching new international markets.

Dr. Al Zeyoudi stated that this agreement not only strengthens bilateral relations but also positions the UAE as a vital trade gateway connecting various regions including Europe, Asia and Africa.

With inputs from WAM