📈 UAE-South Korea Trade Pact: First GCC-South Korea CEPA Enters into Force

The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and South Korea is now active, marking South Korea's first-ever trade deal with a GCC nation. This strategic move aims to boost bilateral flows and private-sector investment. • Overall Figures: Bilateral non-oil trade reached US$ 6.9 Bn in 2025. Total mutual investment currently stands at US$ 10 Bn. • Trade Liberalization: Tariffs will be eliminated or reduced on 91.2% of all traded goods and services, significantly lowering barriers for exporters. • Key Sectors: The framework prioritizes future-oriented collaboration in technology, renewable energy, and healthcare. • Strategic Context: While specific to the UAE and South Korea, this deal highlights the growing trend of high-tech and energy diversification across major Asian and Middle Eastern markets, affecting global ICT/BPM and energy supply chains. The agreement is expected to further scale the presence of South Korean firms in the region, providing a structured framework for long-term economic cooperation.