Mohamed bin Hadi Al Hussaini, UAE minister of State for Financial Affairs, recently welcomed Tahir Hamid Nguilin, Chad’s minister of Finance, Budget, Economy, Planning and International Cooperation, to discuss strategies for enhancing collaboration in the financial sector.
The meeting took place at the Ministry of Finance offices in Dubai and included several senior Chadian officials.
Among them were Guibolo Fanga Mathieu, minister of Trade and Industry; Fatima Goukouni Weddey, minister of Transport, Civil Aviation, and National Meteorology; Fatime Aldjineh Garfa, minister delegate to the Ministry of Foreign Affairs; and Oumar Teguen Idibei Berde, ambassador of the Republic of Chad to the UAE.
During their discussions, the two sides examined methods to strengthen institutional partnerships and activate mechanisms for financial cooperation. Al Hussaini emphasized the UAE’s commitment to bolstering financial collaboration with friendly nations. “Exchanging technical knowledge and investing in capacity building are essential to raising the efficiency of government financial systems and achieving long-term fiscal sustainability,” he stated. The meeting concluded with a mutual understanding of the necessity for ongoing coordination and communication between the two countries. Both parties highlighted their shared interest in deepening bilateral cooperation and exchanging best practices to support national development priorities.
Read more: UAE and Chad presidents discuss cooperation in trade, economy and investment
Shared development goals
In April 2025, the UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan engaged in discussions with His Excellency Marshal Mahamat Idriss Déby Itno, President of the Republic of Chad, during the latter’s official visit to the UAE. The talks aimed to explore avenues for enhancing bilateral relations between the UAE and Chad, addressing a range of regional and international issues of mutual concern.
Throughout the meeting, both leaders reaffirmed their dedication to expanding cooperation in vital sectors such as trade, the economy, investment, energy, and infrastructure. This collaboration seeks to advance shared development and yield tangible benefits for both nations and their peoples. His Highness Sheikh Mohamed bin Zayed and President Mahamat Idriss Déby Itno exchanged perspectives on the latest regional developments, emphasizing the importance of fostering regional stability and resolving differences through dialogue and diplomatic means to support sustainable development and prosperity across the region.
Growing trade relationship
The trade relationship between the UAE and Chad has experienced significant growth in recent years. In 2023, the total trade volume reached approximately $1.42 billion, with the UAE exporting $307 million worth of goods to Chad. These exports primarily included jewellery, vehicles, and refined petroleum. In contrast, Chad exported $1.11 billion to the UAE, mainly consisting of gold and various agricultural products.
Chad’s exports to the UAE represented about 25.5 percent of its total exports in 2023, highlighting the UAE’s pivotal role as a trade partner for Chad, according to Trading Economics.
While specific figures for 2024 and 2025 have not yet been published by official statistical agencies or international trade databases, there are projections indicating continued growth in the trade volumes between the two nations. Key products traded from the UAE to Chad also include essential oils and electronics, while Chad exports gold, silver, and some minor agricultural products to the UAE.
