The United Arab Emirates is doubling down on its efforts to finalize a Comprehensive Economic Partnership Agreement (CEPA) with the Mercosur bloc, following a significant milestone that saw non-oil trade between the two regions climb to $6.2 billion in 2025. Dr. Thani bin Ahmed Al Zeyoudi, the UAE’s Minister of Foreign Trade, emphasized that this partnership serves as a strategic cornerstone of the nation’s long-term goal to diversify its economic footprint. By focusing on mutual interests, the UAE aims to navigate the current global geopolitical landscape by fostering a sustainable and balanced economic framework with member nations like Brazil, Argentina, Uruguay, Paraguay, and Bolivia.

Beyond traditional commodity exchange, the UAE is looking to deepen collaboration in sectors that drive future growth, including clean energy, advanced technology, food security, and logistics connectivity. Dr. Al Zeyoudi highlighted that these joint ventures are essential for sparking innovation and improving productivity across both sides. As the UAE continues to aggressively expand its global CEPA network to boost the national economy, this potential agreement with Mercosur is seen as a vital step in securing long-term market access and creating tangible value for businesses and citizens alike within this growing alliance.