The Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Georgia, effective June 2024, is boosting trade, investment, and strategic ties. The deal aims to triple non-oil trade to $1.5 billion within five years, contributing $3.9 billion to the UAE’s GDP and $291 million to Georgia’s by 2031. Key sectors include technology, food processing, metals, chemicals, and pharmaceuticals, with over 90% of tariffs eliminated. Major projects include Emaar’s $6 billion investment in Tbilisi and Batumi, the Tbilisi Dry Port with AD Ports Group, and Masdar’s renewable energy initiatives. CEPA strengthens economic growth and regional cooperation.
