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Gabriel Boric in Emirates: UAE-Chile Cepa to significantly boost bilateral trade

During a recent official visit to the UAE, Gabriel Boric, President of Chile, and the UAE government signed a Comprehensive Economic Partnership Agreement (CEPA) , aimed at enhancing bilateral economic collaboration. UAE President HH Sheikh Mohamed bin Zayed welcomed President Boric, and the two leaders discussed ways to strengthen cooperation across various sectors. High-level discussions were also held between President Boric and representatives of major Emirati companies. UAE-Chile CEPA to Slash Customs Duties by 99.5% This agreement is a key addition to the Gulf state's foreign trade program. Dr. Thani Al-Zeyoudi, UAE's Minister of State for Foreign Trade, and Alberto van Klaveren, Chile's Minister of Foreign Affairs, signed the deal during a formal ceremony. The CEPA aims to create significant opportunities by eliminating or reducing customs duties on 99.5% of the value of the UAE's imports from Chile. It will also enhance market access for services exp...