Ministers and officials from the UAE, along with local authority leaders, stressed the significance of the Comprehensive Economic Partnership Agreement (CEPA) between the UAE and Chile. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, said, “As we expand our network of trading partners, we are not only strengthening our position as a global trade hub but also ensuring sustainable growth. The agreement with Chile is set to increase non-oil foreign trade value and boost non-oil exports, contributing to economic diversification and resilience.” Ahmed Ali Al Sayegh, Minister of State, said, “Trade is an essential driver of stability and development. This agreement deepens our trade ties by improving market access, reducing tariffs, and creating new investment opportunities. It secures supply chains and promotes inter-regional cooperation in sectors such as energy and logistics.” Abdulla Mohammed Al Basti, Secretary-General, Executive Council of Duba, averred, “This agreement will strengthen economic cooperation between the UAE and Chile, providing UAE-based exporters and investors access to substantial opportunities in Chile. It supports JVs in key sectors, enhancing industrial growth and economic diversification.”
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