Dr. Thani bin Ahmed Al Zeyoudi said the signing of the Services Trade & Investment Agreement between the UAE and the Republic of Armenia marks a pivotal milestone in deepening economic integration and expanding bilateral cooperation.
Expanding Services and Investment Flows
Moreover, he explained that the agreement is designed to optimise market access for UAE service exports and catalyse reciprocal investment flows, therefore supporting the strategic development agendas of both countries. Additionally, the framework provides opportunities for companies operating in financial services, advisory, education, and healthcare. As a result, it is expected to encourage higher levels of foreign direct investment and public-private partnerships.
Strategic Growth Areas
Furthermore, the agreement identifies key growth areas including fintech, professional consultancy, and specialised financial services. In parallel, it supports investment across logistics, advanced manufacturing, infrastructure, and renewable energy. Al Zeyoudi also highlighted Armenia’s rising importance as a trade partner, noting non-oil bilateral trade reached a record $4.5 billion in 2025.
Alignment with Broader Trade Frameworks
However, he clarified that while the Economic Partnership Agreement with the Eurasian Economic Union focuses on goods trade, this agreement targets services and investment. Consequently, both frameworks place strong emphasis on small and medium-sized enterprises, supporting sustainable growth amid global economic challenges.
