UAE says it concludes free trade agreement with Colombia

Thani Al Zeyoudi
Thani Al Zeyoudi

 (Reuters) – The UAE said today it has concluded the terms of a trade deal with Colombia, which it called the first such bilateral agreement between the Gulf and South America.

“The UAE and Colombia have concluded the terms of a Comprehensive Economic Partnership Agreement – the first bilateral trade deal between the Gulf and South America,” Thani Al Zeyoudi, UAE minister of State for Foreign Trade, wrote on X.

“We can look ahead to a new era of cooperation that will deliver growth for both nations.”

Al Zeyoudi gave no further details of the deal.