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7/31/24, 3:37 PM H.E. Bin Touq & his Chilean counterpart explore means to strengthen collaboration in new economy - Middle East News 247

H.E. Bin Touq & his Chilean counterpart explore

means to strengthen collaboration in new economy

By Middle East News 247 July 30, 2024

H.E. Abdulla bin Touq Al Marri, Minister of Economy, held a bilateral meeting with H.E. Nicolás Grau, the
Minister of Economy, Development, and Tourism of Chile, to explore new avenues to strengthen economic

ties between the two countries in the fields of new economy, tourism, aviation, entrepreneurship, e-
commerce, renewable energy, technology, and agriculture.

H.E. Bin Touq emphasized the UAE’s robust and expanding economic relations with the Republic of Chile,
highlighting that the two countries have successfully forged sustainable and diverse partnerships and
agreements across various economic and investment domains.

The meeting highlighted the significance of signing the Comprehensive Economic Partnership Agreement
(CEPA) between the UAE and Chile as a major step towards strengthening the existing economic

cooperation in various sectors. The primary objective of the agreement is to enhance investment flows,
create opportunities, expand trade, and encourage partnerships at the private sector level. Furthermore, it
will streamline the access of companies from both countries to promising markets and opportunities in Asia

and South America.

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