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advancement in our bilateral relations, underlining our commitment to fostering economic
growth and international cooperation. Chile’s well-regulated financial markets, supported by
strong fiscal policy and liquidity from the Central Bank, offer confidence and clarity to UAE
businesses and investors. This agreement is poised to create an optimal environment for cross-
border exchange and collaboration."

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, stated, "Chile has
become an essential partner in our energy transition plans. This agreement will accelerate our
progress in clean and renewable energy technologies, policy best practices, and smart grid
development. Chile’s leadership in wind and geothermal power offers an excellent opportunity
for deeper engagement as we aim to establish ourselves as champions of renewable energy."

Dr. Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology, said, "The
agreement with Chile is crucial for our strategy to diversify our economy, enhance industrial
capabilities, and boost non-oil exports. Chile’s growing manufacturing sector presents rich
opportunities for UAE investors and exporters. This partnership will facilitate industrial
development and export facilitation to key markets in the Middle East, Asia, and Africa."

Abdulla bin Touq Al Marri, Minister of Economy, added, "Expanding our foreign trade network is
central to achieving sustainable economic growth and reaching a national GDP of AED 3 trillion
by the next decade. The agreement with Chile is a significant milestone, promoting dynamic
trade and investment in sectors like manufacturing, financial services, energy, tourism, and
agriculture."

Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, noted, "This
agreement is a critical addition to our foreign trade agenda, reinforcing our commitment to
environmental sustainability and food security. Chile’s focus on sustainable finance and climate
adaptation strategies will inform and inspire our efforts towards achieving carbon neutrality by
2050."

Mohammed bin Hassan Al Suwaidi, Minister of Investment, highlighted, "The UAE’s programme
for comprehensive economic partnerships is opening new avenues for global investment,
easing capital flows, and identifying high-potential projects. The agreement with Chile will spur
investment in renewable energy, technology, agriculture, and infrastructure, supporting long-
term growth for both nations."

Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, emphasised, "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, the world’s largest
copper producer and a key supplier of agricultural products, 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 relations by improving market access,
reducing tariffs, and creating new investment opportunities. It secures supply chains and
promotes inter-regional cooperation in sectors like energy and logistics."

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