Emirati Economic Visit Boosts South American Trade
The United Arab Emirates launched an eight-day economic tour in South America, which included Panama, Paraguay, Argentina, Chile, and Guyana, with the aim of strengthening trade and investment cooperation with these countries. A UAE delegation led by the Minister of Foreign Trade, Dr. Thani bin Ahmed Al Zeyoudi, held meetings with high-level officials, and organized forums and bilateral business sessions, all focused on expanding partnerships in sectors such as technology, energy, agriculture, and financial services. Additionally, the UAE supports Emirati companies in expanding into Latin American markets. Furthermore, the UAE participated in the Mercosur Summit in Paraguay, where non-oil trade between the two parties amounted to $6.2 billion in 2025, reflecting the country's keen interest in enhancing its economic relations with regional blocs.
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