UAE–Philippines CEPA to fortify trade movement

The UAE’s Comprehensive Economic Partnership Agreement (CEPA) with the Philippines is set to strengthen trade flows, logistics links and global supply chains, as both countries deepen cooperation with fast-growing ASEAN markets. The agreement supports the UAE’s strategy to build resilient trade corridors and is expected to add $2.4 billion to the UAE’s GDP by 2032, while significantly increasing exports and logistics activity between the two economies.  

Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said the deal reflects the UAE’s focus on connecting with key growth regions, particularly ASEAN, the world’s fourth-largest economic bloc. The Philippines is the fourth ASEAN country to sign a CEPA with the UAE, following Cambodia, Indonesia and Viet Nam. 

The Philippines plays a growing role as a regional logistics and trade hub in Asia and is part of the world’s largest free trade agreement, the Regional Comprehensive Economic Partnership. Its expanding infrastructure pipeline, valued at around $155 billion, is expected to drive demand for ports, transport, energy and digital connectivity. 

Bilateral non-oil trade reached about $940 million in 2024 and continued to rise in 2025, supported by strong shipping and logistics links. The UAE is also a key destination for Philippine exports. The agreement will reduce tariffs, remove trade barriers and improve access in services and digital trade, helping speed up cargo movement and strengthen supply chain resilience between Asia, the Middle East and beyond.