Page 144 - MOE ENGLISH PR REPORT - JULY 2024

7/31/24, 5:10 PM Chilean President meets with representatives of major UAE companies
The meetings took place during a roundtable session at the Emirates Palace Hotel as part of the official
state visit of the President of Chile to the UAE and followed the signing of a Comprehensive Economic
Partnership Agreement (CEPA) between the two nations. In light of the signing, the roundtable aimed to
review opportunities for cooperation and building trade and investment partnerships between the private

sector and business communities in the two countries.

The President of Chile thanked the leadership, government and people of the UAE for the warm
reception and hospitality experienced and expressed his happiness with the continuous developments
in the friendly relations between the two friendly countries. He said: “I firmly believe that when two

countries truly understand each other’s beliefs, people, culture, and history, they can collaborate more
effectively. I hope this visit serves as a significant step toward closer ties, shared experiences, and
increased trade and investment between Chile and the Emirates.”

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For his part, HE Dr. Thani Al Zeyoudi, in a speech delivered at the beginning of the roundtable,
welcomed the President of Chile and his accompanying delegation to the UAE, highlighting the friendly
relations shared between the two nations which have deepened in recent years owing to the shared
vision of the leaderships of both countries.

HE Dr. Al Zeyoudi also expressed optimism about the visit of President Boric, stating that the signing of

cooperation agreements and memorandums of understanding heralds a new promising phase in
bilateral relations. Further, HE Zeyoudi underscored the role of the CEPA in stimulating trade and
investment flows and during his address called on the private sector to maximize anticipated benefits of

the deal. HE Al Zeyoudi said: “Our CEPA agreement is designed to enhance trade and investment
across the whole spectrum of economic activity. But ultimately, it’s not the policymakers who will deliver
these results – it’s the energy, agility and ambition of the private sector and meetings such as the UAE-
Chile Roundtable that are key to setting the direction for our success.”

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