Pictures provided to the press suggest that the ministers may have had a looong layover in Dubai, but Contreras as the Minister of Economic Development, Petroleum, Investment, Trade and Commerce, was still up to sign with the UAE's Minister of the Economy, Sultan bin Saeed al Mansouri.

According to a release the agreement establishes a framework for expanding the economic relationship between the two countries in a number of key areas, including: Trade, Investment, Transportation, Energy and Renewable Energy, and Tourism, among others.

The agreement will see the setting up of a Joint Economic Commission that will be co-chaired by the two signatories.