UAE-Chile CEPA enters into force

Boosting trade and investment opportunities

The agreement aims to significantly increase bilateral trade, projected to surpass US$500 million within five years, and promote investments across sectors like renewable energy, agriculture, tourism, and infrastructure.

Recent trade growth

In 2024, non-oil trade between the UAE and Chile reached US$270 million, rising to US$153 million in the first half of 2025—a 7.1% increase year-on-year.

Key sectors and opportunities

Chile’s strong sectors include manufacturing, finance, energy, tourism, and agriculture. The CEPA will facilitate investments, such as ADQ’s acquisition of Verfrut and ADIA’s investment in MUT, expanding UAE’s footprint in Chile.

Strengthening global supply chains

The agreement enhances the UAE’s role as a supply-chain hub, connecting South America with markets in Africa, Europe, and Asia, while expanding trade in goods and services.

Supporting infrastructure and food security

It will also promote infrastructure projects and agricultural collaboration, supporting the UAE’s food security and economic growth goals.

Strategic goals and future outlook

Part of the UAE’s broader trade strategy aiming for US$1 trillion in total trade by 2031 and doubling the economy to over US$800 billion, CEPA continues to build on previous agreements, opening markets for UAE businesses worldwide.