UAE, Ecuador sign CEPA to boost trade, investment

The United Arab Emirates and Ecuador have officially signed a Comprehensive Economic Partnership Agreement (CEPA), aiming to strengthen trade, investment, and regional economic ties. The agreement is expected to significantly enhance market access, eliminate or reduce customs duties on over 96% of traded goods, and create a stable framework for foreign investment.

Non-oil trade between the two countries reached $373.6 million in 2025, up 3.2% from 2024 and more than three times the 2019 level. The UAE now accounts for around 30% of Ecuador’s trade with Arab and African countries, reinforcing its role as a strategic trade hub connecting Latin America with the Middle East and Africa.

“The CEPA provides a strong platform for expanding trade and investment while supporting regional supply chains and private sector growth,” said Dr. Thani bin Ahmed Al Zeyoudi, UAE Minister of Foreign Trade.

The agreement also supports logistics, renewable energy, agriculture, technology, and food production, while Ecuador has opened a trade office in Dubai to strengthen private sector collaboration. Analysts say the CEPA positions Ecuadorian companies to expand into Middle Eastern, African, Asian, and European markets, boosting supply chains and investment opportunities.