Abu Dhabi-July 29.2024:In a historic move to strengthen economic ties, the United Arab Emirates (UAE) and Chile have signed a Comprehensive Economic Partnership Agreement (CEPA). The agreement, signed during Chilean President Gabriel Boric’s official visit to the UAE, marks a significant milestone in the bilateral relations between the two nations.
The signing ceremony took place at Qasr Al Watan in Abu Dhabi, with UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan and President Gabriel Boric in attendance. This CEPA aims to boost non-oil bilateral trade, eliminate or reduce customs duties on 99.5% of UAE imports from Chile, and open market access for services exports, significantly enhancing trade and investment flows between the two countries.
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