ABU DHABI, 1st October, 2025 (WAM) — The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Australia has officially come into force, heralding a new era of economic collaboration between the two nations. This agreement is expected to unlock new avenues for substantial trade in goods and services, private sector collaboration, and investment opportunities across a wide array of sectors. With the CEPA now ratified by both sides and officially in force, it is expected to elevate annual bilateral trade from US$4.2 billion in 2024 to over US$10 billion by 2032. The CEPA is Australia’s first trade agreement with a country in the Middle East and North Africa (MENA) region. The UAE-Australia CEPA is one of 31 agreements concluded to date, enhancing trade relations and expanding access for UAE businesses to key markets around the globe.