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UAE-EAEU economic partnership agreement takes effect

The preferential-access pact covers more than 86% of tariff lines between the two sides.

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The Economic Partnership Agreement between the United Arab Emirates and the Eurasian Economic Union (EAEU) entered into force on 6 October. WAM reported that it establishes a preferential trade framework between the UAE and Armenia, Belarus, Kazakhstan, Kyrgyzstan and Russia, with provisions to reduce or remove customs duties and streamline trade procedures.

Preferential access applies to more than 86% of tariff lines and covers approximately 96% of the value of goods currently traded between the sides. Bilateral non-oil trade was US$33.6 billion in 2025 and reached US$14.3 billion in the first half of 2026, up 6.2% year on year. Nearly US$50 billion in annual trade by 2032 is an expectation stated for the agreement, not an observed result.

Data

Table

Agreement coverage and trade values

Coverage, observed trade and the 2032 expectation reported by WAM.

Tariff lines receiving preferential access86—2026observedlower-bound
Share of current goods-trade value covered96—2026observedapproximate
Bilateral non-oil trade, 2025—33.62025observedexact
Bilateral non-oil trade, first half 2026—14.32026-06observedexact
Annual trade expectation, 2032—502032forecastapproximate
Methodology

Bilateral UAE–EAEU tariff and trade figures are presented at agreement scope; projected 2032 trade is not observed data.

Updated:

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Taxonomy version: IPTC Media Topics 2026-Q2

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