Let's call it as the new era of bilateral relations between UAE and Chile
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The President of Chile, Gabriel Boric have officialy arrived to UAE, marking it as the first visit in historic of their diplomatic relations since 1978. The President was officially received at Qasr Al Watan, Abudhabi by UAE President Sheikh Mohammed Bin Zayed Al Nahyan. An official welcome ceremony was held for the Chilean president upon his arrival.
The Chillean delegation accompanied President Gabriel Boric including several Ministers. All those officials have participated in the meetings with UAE President and UAE delegations. Both countries discussed mutual interest and potential collaborations. The visit have involved high-level discussions in key areas they have focused is economic partnerships, technology, innovations, trade, tourism etc.
The major announcement concerning the Comprehensive Economic Partnership Agreement (CEPA) can be expected by their relations. So far the CEPA have covered discussing food security, technology, investement and space. This creates an greater impact on their cooperation and job opportunities in the following sectors which predominantly increases their economic growth.
To be noted,Chile have opened a Trade office in Dubai in 2006 and the UAE have established its embassy in 2011.They also have trade exchange of history that Chile exports sodium, food products to UAE, while UAE have exported Electronic products to Chile. Which showcases as their economic relations have seen various outcomes. This present meeting underscores their intent to a step forward in strengthening their bilateral ties that pursuits a joint efforts to tackle global challenges.
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