The UAE’s Comprehensive Economic Partnership Agreements (CEPAs) are ideal examples of South-South cooperation that is helping UAE to increase its trade with its partners. Thanks to CEPAs, the UAE recorded a 49 percent jump in its total foreign trade reaching Dh5.23 trillion (US$1.42 trillion) in 2024, compared to Dh3.5 trillion (US$949 billion) in 2021, according to the World Trade Organisation (WTO).

H.E. Ahmed Ali Al Sayegh, Minister of State, Economic and Trade Affairs, Ministry of Foreign Affairs, UAE
Date: Abu Dhabi, UAE; June 18, 2025
The development financing gap for the Global South could surge to US$6.4 trillion by 2030, according to a recent report published by OECD, underscoring the urgent need for deeper cooperation among developing economies. This call to action was a key message from government leaders and experts convening at the inaugural edition of Global South Economic Forum (GSEF), held at Anwar Gargash Diplomatic Academy (AGDA) in Abu Dhabi.
Continue reading US$6.4 Trillion Shortfall Spurs Call for Deeper South-South Cooperation at Global South Economic Forum


