On February 24, 2021, Chile and the Gulf Cooperation Council (Saudi Arabia, Oman, Kuwait, Bahrain, Qatar
and United Arab Emirates) signed the first Memorandum of Understanding (MoU) to formally begin to develop
feasibility studies for a future Free Trade Agreement. On February 25, 2022, with the aim of continuing to
promote trade and economic cooperation, Chile and the United Arab Emirates (UAE) announced the start of
negotiations for a Comprehensive Economic Partnership Agreement (CEPA) to strengthen bilateral trade and
On January 19, 2023 concluded the first round of negotiations for a trade agreement between Chile and the United Arab Emirates (UAE).