CEPA benefits
UAE has Comprehensive Economic Partnership Agreements (CEPAs) with countries around the world. Every CEPA offers mutually beneficial conditions and opportunities to expand trade between nations.
Leveraging CEPA, Etihad Credit Insurance (ECI) is poised to play a pivotal role in facilitating and insuring trade transactions between the UAE and the CEPA countries.
Some of the key benefits of these agreements include:
- Elimination or reduction of customs duties and tariffs
- Removal of technical barriers to trade
- Improved market access for UAE exporters
- Accelerated investment into priority sectors
CEPAs support UAE’s mission to double non-oil exports to AED 4 trillion by 2031.
- 17 high-profile sectors supported
- Agreements with 7 countries
- Advanced negotiations with many more countries
Learn more about how CEPA benefits can support you and your business.
The UAE-India CEPA entered into force on May 1, 2022. As a result of the agreement, businesses can now take advantage of many new benefits, including:
- Greater access for UAE exports entering the Indian market through the reduction or removal of tariffs on more than 80 per cent of products.
- An open and non-discriminatory environment for cross-border trade with India.
- Enhanced market access for UAE’s service providers across 11 sectors and more than 100 sub-sectors.
- The removal of unnecessary technical barriers (TBT) for UAE and Indian exporters.
- The use of international standards as a basis for technical regulations.
- Enhanced access for UAE businesses to Indian government procurement opportunities.
- Support for UAE companies through a 10 per cent price preference in UAE government procurement tenders.
- Assurance that UAE products will not be subject to India’s anti-dumping investigations as such products are merely transshipped.
- A Joint Committee to assess, revise and propose amendments to the CEPA, including improving market access.
The UAE-Indonesia CEPA was signed on 1 July 2022 and entered into force 1 September 2023. As a result of the agreement, businesses can now take advantage of many new benefits, including:
- Providing better market access for UAE products to Indonesian market covering more than 90% of tariff lines and 94% value of trade with Indonesia.
- An open and non-discriminatory environment for cross-border trade with Indonesia.
- Enhanced market access for UAE’s service providers.
- The removal of unnecessary technical barriers (TBT) for UAE and Indonesian exporters.
- The use of international standards as a basis for technical regulations.
- Enhanced access for UAE businesses to Indonesian government procurement opportunities.
- Support for UAE companies through a 10 per cent price preference in Indonesian government procurement tenders.
- Assurance that UAE products will not be subject to Indonesia’s anti-dumping investigations as such products are merely transshipped.
- A Joint Committee to assess, revise and propose amendments to the CEPA, including improving market access.
The UAE-Türkiye CEPA was signed on March 3rd 2023 and entered into force 1 September 2023. As a result of the agreement, businesses can now take advantage of many new benefits, including:
- Providing better market access for UAE products to Türkiye in market covering more than 83% of tariff lines and 93% value of trade with Türkiye.
- An open and non-discriminatory environment for cross-border trade with Türkiye .
- Enhanced market access for UAE’s service providers.
- The removal of unnecessary technical barriers (TBT) for UAE and Turkish exporters.
- The use of international standards as a basis for technical regulations.
- Assurance that UAE products will not be subject to Türkiye ’s anti-dumping investigations as such products are merely transshipped.
- A Joint Committee to assess, revise and propose amendments to the CEPA, including improving market access.