Overview

• The agreement entered into force on October 1, with both governments describing it as a catalyst for stronger goods, services and investment flows.
• Annual trade is forecast to climb from $4.2 billion in 2024 to more than $10 billion by 2032, according to official projections.
• In the first half of 2025, the UAE’s non‑oil trade with Australia reached $3.03 billion, a 33.4% year‑on‑year increase.
• Prime Minister Anthony Albanese, visiting the UAE, said on X the deal ‘kicks in’ on October 1 and promoted benefits for Australian producers and workers.
• The pact is Australia’s first with a MENA country and builds on roughly $14 billion in two‑way investment, with more than 300 Australian companies operating in the UAE, alongside tariff reductions that include UAE furniture, copper wire, glass containers and plastic.