Gulf News

From Panama to Guyana.. "UAE Trade Days" Strengthens economic partnership with 5 South American countries

ABU DHABI, 5 JULY / WAM / The tour of the UAE economic delegation, headed by His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, which extended from Panama to Guyana, embodied the UAE’s approach to expanding its network of international economic partnerships and enhancing trade and investment cooperation with South American countries by empowering the private sector and exploring promising economic opportunities in a way that consolidates the country’s position as a global center for trade and investment.

The tour, which came within the “UAE Trade Days” and lasted eight days of intensive economic work, included Panama, Paraguay, Argentina, Chile and the Guyana Cooperative, with the participation of an economic delegation that included representatives of government agencies and Emirati companies from vital sectors that included technology, renewable energy, agriculture, food industries, logistics services, transportation, mining, financial services, and security solutions.

The tour witnessed a series of meetings with heads of state, senior officials and economic decision-makers, in addition to organizing business forums and bilateral meetings between representatives of the private sector in the UAE and their counterparts in the five countries with the aim of exploring new opportunities for trade and investment, strengthening economic partnerships and opening broader horizons for cooperation between the public and private sectors.

The tour reflects the UAE’s interest in strengthening its economic presence in South America as it is one of the promising economic regions that possess strategic natural resources and great potential in the agricultural, energy, minerals and infrastructure sectors, as well as its growing role in global supply chains.

The UAE delegation’s discussions focused on enhancing non-oil trade and mutual investments, expanding cooperation in future economic sectors, and supporting UAE companies wishing to expand in Latin markets and benefit from the investment opportunities provided by those economies.

On an Egyptian level, the UAE participated in the Mercosur Summit, hosted by the city of Asuncion, the capital of the Republic of Paraguay, with the participation of leaders and heads of government of member states and partners, in a step that reflects the country’s keenness to strengthen its cooperation with regional economic blocs.

The UAE continues to deepen its partnership with the Mercosur countries and explore opportunities to enhance trade and investment cooperation, as the volume of non-oil bilateral trade between the two sides reached $6.2 billion during the year 2025, while joint investments and projects contributed to achieving added value to the economies of the grouping countries.

His Excellency Dr. Thani bin Ahmed Al Zeyoudi, Minister of Foreign Trade, said in statements to the Emirates News Agency, WAM, that the UAE, under the directives of its wise leadership, continues to consolidate its economic presence on the global stage by expanding its network of trade and investment partnerships and enabling the private sector to access promising markets, thus enhancing the country’s position as a global center for trade and investment.

His Excellency added that the economic tour of five countries in South America reflected the strength of the growing economic relations with them and contributed to exploring new opportunities for cooperation in priority sectors, which opens the way for the Emirati private sector to expand its investments, contribute to achieving sustainable development, and drive joint economic growth.

His Excellency pointed out that the momentum witnessed in economic relations between the UAE and South American countries is based on a common vision based on building long-term partnerships and a growing network of economic and trade agreements in a way that enhances the flow of trade and investment and serves mutual interests.

His Excellency stressed that the results of the tour are a new step in the process of expanding the UAE’s network of trading partners and consolidating its position as a global gateway for trade and investment, in line with its goals of building a more competitive, open and sustainable economy.

For its part, the economic circles in the five countries included in the tour expressed their appreciation for the visit of the Emirati economic delegation, which reflected the advanced position of the UAE as a reliable economic partner and its role in linking global markets and enhancing trade and investment flows between various continents.

This tour comes in line with the UAE’s goals aimed at doubling the volume of its non-oil foreign trade, expanding the presence of its national companies in global markets, and enhancing the contributions of foreign trade in supporting sustainable economic growth, thus consolidating the country’s position as a major gateway for trade and investment between East and West.

It is expected that the outcomes of the tour will contribute to launching new partnerships, expanding the scope of economic cooperation with South American countries, and opening additional horizons for the Emirati private sector to benefit from promising investment opportunities, thus supporting the UAE’s vision of building a more competitive and open economy to the world.

Related Articles

Back to top button