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UAE + Chile wrap trade talks: Foreign Trade Minister Thani bin Ahmed Al Zeyoudi and Chile’s Foreign Minister Alberto van Klaveren concluded negotiations yesterday on a trade and economic agreement between the two countries, Wam reports. The agreement will support growth in open and rules-based trade and investment, and open up access for UAE companies and exporters to Chile and the rest of Latin America.
Fast facts: Non-oil trade between the UAE and Chile reached USD 305.1 mn in 2023, up 23.6% since 2019.
UAE ❤️ trade with Latin America: Al Zeyoudi inked a similar agreement in January with Costa Rica to streamline trade and customs procedures. The minister also signed an agreement with Colombia last week.
SPEAKING OF LATIN AMERICA- UAE President Sheikh Mohammed bin Zayed Al Nahyan discussed further economic and trade cooperation with his Costa Rican counterpart, Rodrigo Chaves Robles, during a phone call yesterday, Wam reports. The two leaders discussed potential cooperation in renewables, sustainability, and environmental conservation, as well as greentech and agricultural innovation.
OTHER DIPLOMACY NEWS-
Foreign Affairs Minister Abdullah bin Zayed Al Nahyan met with the UN’s deputy secretary general, Amina Mohammed, to discuss cooperation on humanitarian and development issues, as well as ongoing tensions in the Middle East and the situation in Gaza, Wam reported.
