Trade and economic cooperation

Trade and economic cooperation between the Republic of Belarus and the UAE is steadily developing.

In 2021, the trade turnover between Belarus and the UAE amounted to $79.9 million, including Belarusian exports of $58.7 million. The main export items are petrochemical products, trucks, food products.

The volume of bilateral trade in services in 2021 amounted to $211.5 million, including Belarusian exports worth $164.5 million (162.6% by 2020). The main types of export services in 2021 were transport services.

Issues of trade and economic cooperation are regularly considered during the meetings of the Joint Committee on Cooperation between the Government of the Republic of Belarus and the Government of the UAE, the fifth meeting of which was held in July 2020.

In 2021, direct investments on a net basis in the economy of Belarus from the UAE amounted to 59.4 million USD. dollars. The total volume of accumulated Emirati investments in the Belarusian economy exceeds $320 million.

The Republic of Belarus took part in the World Exhibition “EXPO-2020” in Dubai (October 1, 2021 — March 31, 2022). On November 22, 2021, within the framework of the Day of Belarus at EXPO-2020, the Belarusian Investment Forum was held.