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"With the agreement's signing, the private sectors in both countries will benefit from vital new
trade links between South America and the Middle East," Dr. Al Zeyoudi added, pointing out the
dynamic and growing markets that encompass over 800 million people.

On his part, Alberto van Klaveren celebrated this achievement as a testament to the strong
relationship between Chile and the UAE, sharing a vision for open and rules-based trade. "The
agreement will add further momentum into our bilateral trade, while also generating boundless
new opportunities for a more prosperous, modern, and dynamic economic relationship between
Chile and the UAE," he noted.

The signing of this agreement was part of Dr. Al Zeyoudi's broader visit to Central and South
America, which also included securing CEPA agreements with Colombia and Costa Rica. This
series of agreements underscores the UAE's strategic approach to enhancing its global trade
relations and diversifying its economy beyond oil.
This landmark agreement between the UAE and Chile not only strengthens their economic ties
but also sets a precedent for future collaborations between the Middle East and Latin America.
As both regions look forward to reaping the benefits of this partnership, it marks a significant
step towards a more interconnected global economy.

https://www.onearabia.me/local/uae-chile-cepa-negotiations-success-011-25709.html