‎UAE–EAEU partnership agreement takes effect

‎<p ><span ><span class="ckeCaption" ><img src="https://argaamplus.s3.amazonaws.com/eaefe0b9-c991-40bb-bbbe-1d43f2445ec4.png" ></span></span>The economic partnership agreement between the UAE and EAEU officially entered into force.</p> <hr> <p dir="LTR" >The economic partnership agreement between the UAE and the Eurasian Economic Union (EAEU) officially entered into force today, ushering in a new phase of trade cooperation with the bloc’s five member states, Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia.<br> <br> The agreement aims to accelerate goods trade by reducing or eliminating customs duties on a wide range of products, simplifying procedures, and removing unnecessary trade barriers. It also sets out frameworks for customs cooperation, digital commerce, and broader economic collaboration, state-run WAM reported.<br> <br> Under the agreement, both parties will enjoy preferential access on about 86% of tariff lines, which covers around 96% of the bilateral trade value. The agreement is projected to help lift annual trade between the two markets to nearly $50 billion by 2032.<br> <br> Non-oil trade between the UAE and EAEU reached $33.6 billion in 2025, up 16% from about $29 billion in 2024, and more than four times the level recorded in 2021.<br> <br> UAE imports from union countries totaled $17.8 billion in 2025, while re-exports reached $13.7 billion. In H1 2026, bilateral non-oil trade rose 6.2% year-on-year to $14.3 billion.<br> <br> The agreement was signed in the Belarusian capital, Minsk, on June 27, 2025. It grants UAE exporters preferential access to EAEU markets and opens a gateway for producers in the union to reach markets in the Middle East, Africa, and Asia.</p>

Publication

Argaam - UAE News · Trade Publication

Published

6th October 2026

Original report

argaam.com

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