UAE-Belarus agreement opens new opportunities for investors and service firms
UAE-Belarus Trade in Services and Investment Agreement enters into force
Abu Dhabi witnessed the official entry into force of the Trade in Services and Investment Agreement (TISIA) between the United Arab Emirates (UAE) and Belarus, a crucial milestone in their bilateral economic relations. This agreement is set to elevate market access for service providers, bolster investor protections, and foster new opportunities for private-sector cooperation between the two nations.
Signed in Minsk on June 27, 2025, TISIA complements the UAE's Economic Partnership Agreement with the Eurasian Economic Union (EAEU), which deals with trade in goods on a regional level. Together, these agreements create a more comprehensive framework to facilitate the exchange of goods, services, and investments between the UAE and Belarus.
Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade for the UAE, emphasized that the TISIA's entry into force represents a significant stride in their joint pursuit of sustained, mutually beneficial economic growth. The agreement establishes a more predictable environment for services trade and investment, opening up new avenues for private-sector collaboration and enabling businesses in both countries to capitalize on high-growth sectors.
Belarus, as an integral part of the Eurasian Economic Union (EAEU), holds a vital position that presents valuable opportunities for UAE businesses aiming to expand their presence in the region. By enhancing market access and reinforcing investor protections, TISIA will promote deeper cooperation in sectors such as financial and professional services, consulting, education, healthcare, technology, and logistics.
The agreement aims to alleviate barriers to market entry, spur investment flows, and foster joint ventures in areas of shared interest. It will also provide businesses and investors with clearer rules and greater assurance when operating across both markets. Currently, non-oil trade between the UAE and Belarus stands at USD 316.4 million for 2025, with re-exports accounting for USD 268 million, Belarusian imports totaling USD 45.3 million, and UAE non-oil exports amounting to USD 3 million.
In the first half of 2026, bilateral non-oil trade amounted to USD 67.4 million, with UAE non-oil exports to Belarus increasing to USD 4.2 million, marking a staggering 202.4 percent surge compared to the same period in 2025.
Moreover, the UAE's membership in BRICS enhances its partnerships and reinforces its role in global trade and investment. UAE-Russia trade in services and investment agreement has also entered into force, while UAE-Turkey trade nearly tripled under the Comprehensive Economic Partnership Agreement.
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