The United Arab Emirates, the country of the Middle East, is getting closer and more to Latin America and is now the turn of Peru. The negotiations will include the trade of goods and establish the bases to strengthen the development of investments between the two countries.
The Ministry of Foreign Trade and Tourism (Mincetur) announced the date of the first negotiation round with United Arab Emirates, which will take place from November 24 to 27 for an Integral Economic Association Agreement (CEPA). With this, the Arab country continues to strengthen its commercial relations with Latin America. Since last April the strain with Costa Rica is in force and, in addition, Emirates United Arab, in 2024, specified the signing of a commercial agreement with Colombia and Chile, respectively. Currently, these are in the legal process for their entry into force.
Assets with Peru
The commercial exchange between Peru and the United Arab Emirates added US $ 2,174 million between January and July 2025, with a growth of 45.4% compared to the same period of 2024. Our exports stood out for their high representativeness: 99% of bilateral trade. This is mainly due to raw gold shipments that added US $ 2,127 million to July 2025.
Although its representativeness is minimal, non -traditional exports continue to grow. Between January and July 2025, shipments to the Arab country reached US $ 19.2 million, which reflected an increase of 26.3% compared to the same period of the previous year. The seventh exports of the sectors (US $ 9.3 million), chemical (US $ 3.8 million) and siderometallurgy (US $ 2.9 million) highlighted to the seventh month of the year.
Fresh grenades exports led the ranking Of main non -traditional products, with shipments worth US $ 2.9 million in the first seven months of the year. In addition, exports of fresh dates, with shipments that reached US $ 1.2 million. These figures show the participation of our agricultural offer in a market that, in 2024, imported fresh, frozen and dry fruits of the world for a value of US $ 2,441 million. All this despite being subject to an average tariff rate of 4.5% for entering the Emirati market, according to the International Trade Center (ITC).
Latin American suppliers
The products from Latin America and the Caribbean represented 3% of the total imported by the United Arab Emirates in 2024. These international purchases added US $ 9,853 million, where Brazil (US $ 4,548 million), Peru (US $ 1,937 million), Mexico (US $ 618 million), Argentina (US $ 604 million) and Colombia (US $ 514 million) were the main suppliers, according to ITC.
Among the main imported non -traditional products were frozen bird meat (US $ 540 million) in Brazil, cars (US $ 172 million) from Mexico, dried chickpeas (US $ 4.4 million) from Argentina, Colombian fresh flowers (US $ 4.7 million), sawn pines of Chile (US $ 18.6 million) and fresh bananas of Ecuador (US $ 78.7 million).
Investments in Peru and Latin America
According to official figures from the Ministry of Economy and Finance, at the first quarter of 2025, Peru received investments for US $ 1.6 billion from the United Arab Emirates. This investment is reflected in our port infrastructure, in the concession granted to DP World, which since 2006 began the transformation of the port of Callao, with achievements ranging from the efficiency in the load movement in containers to the impact on the economy of our country, in activities that go beyond foreign trade and generate more jobs, as detailed in the report DP World Callao contribution in Peru.
On the other hand, markets such as Brazil have captured investments that would exceed US $ 10,000 million according to the Brazilian Ministry of Foreign Affairs. Mubadala, Sovereign Investor of the Abu Dabi government, has projects in infrastructure and investment in biofuel production in Brazil. In addition, last May, he announced his interest in making an investment of US $ 13,500 million in the next decade in order to continue with the development of green technologies.
In addition, Colombia is working in futures projects With the outstanding company Emiratí G42, specialized in technological investments, including the development of infrastructure of data center and collaboration with governments in the implementation of artificial intelligence applications.
The next commercial agreement with the United Arab Emirates would provide Peru with the opportunity to get closer to a destination of high purchasing power, but still little explored. In addition, it would consolidate commercial ties with an economy that sees the countries of this geographical area as future strategic partners to increase its economic growth.
