UAE-Chile Comprehensive Economic Partnership Agreement Now in Force
Abu dhabi: The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Chile has officially entered into force, marking a transformative step in the economic relations between the two nations. The pivotal agreement is set to significantly enhance bilateral trade and create new investment opportunities across key sectors, reflecting the shared ambitions of both countries to achieve mutually beneficial, sustainable economic growth. According to Emirates News Agency, in 2024, the UAE’s non-oil foreign trade with Chile reached US$270 million, while in the first half of 2025, it increased to US$153 million, a 7.1% year-on-year rise. With the CEPA