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UAE, Chile sign CEPA to boost non-oil trade

through tariff cuts and eased barriers

The CEPA also seeks to establish new investment and cooperation pathways, allowing private
sectors to build partnerships

The signing ceremony was witnessed by the UAE and Chilean Presidents. (Photo Credit: WAM)
UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and Chilean President His
Excellency Gabriel Boric Font witnessed the signing of a Comprehensive Economic Partnership
Agreement (CEPA) between the UAE and Chile during the Chilean President’s official visit to the
UAE.

The agreement aims to boost non-oil bilateral trade by eliminating or reducing customs duties,
removing trade barriers, and simplifying customs procedures. It also seeks to establish new
pathways for investment flows and cooperation, providing a platform for the private sectors of
both countries to build partnerships.

The CEPA was signed by UAE Minister of State for Foreign Trade, Dr. Thani bin Ahmed Al
Zeyoudi, and Chile’s Minister of Foreign Affairs, Alberto van Klaveren, at a ceremony in Abu
Dhabi’s Qasr Al Watan.

https://economymiddleeast.com/news/uae-chile-sign-cepa-to-boost-non-oil-trade-through-tariff-
cuts-and-eased-barriers/