UAE, Azerbaijan seal partnership as non-oil trade grows

UAE, Azerbaijan seal partnership as non-oil trade grows

Bilateral non-oil trade between Azerbaijan and the UAE increased 43% in 2024 compared to a year earlier. The two countries signed a Comprehensive Economic Partnership Agreement (CEPA) this week during a state visit by Azerbaijan’s president, Ilham Aliyev, aiming to boost trade beyond the $2.4 billion reached last year. The UAE now has 27 CEPA deals in place. These agreements — considered a notch below a free trade pact — align with the UAE’s goa…