Page 242 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/24/25, 10:46 AM UAE, Argentina explore new investment opportunities
infrastructure and strategic location, offers Argentinian businesses an ideal platform
to expand internationally.

Further, Al Zeyoudi highlighted the UAE's expanding global trade relations via its

Comprehensive Economic Partnership Agreement, which make it an attractive

gateway for South American companies seeking access to high-growth markets in
the Middle East, Asia, and Africa.

On his part, Werthein emphasised the significance of strengthening economic and

trade cooperation with the UAE, stating that the launch of the Incentive Regime for
Large Investments (RIGI) is a pivotal step toward creating a more competitive and

investor-friendly environment.

He said, "We are committed to deepening our strategic partnership with the UAE, a
global hub for trade and investment. The RIGI framework presents a key

opportunity to attract Emirati investments into Argentina's priority sectors, including

mining, energy, infrastructure, and technology. We look forward to fostering
sustainable, fruitful partnerships that drive mutual growth and further strengthen our

economic ties."

The RIGI programme, which offers the global investment community access to

projects in key sectors of the Argentinian economy, is designed to attract large-scale

international investments by offering significant incentives across key sectors,
including mining and energy, infrastructure and tourism, technology and advanced

industries and manufacturing. It provides regulatory stability, tax incentives, and
long-term predictability for foreign investors, ensuring that businesses operating in

Argentina can expand with confidence and access high-growth opportunities.

The UAE-Argentina seminar concluded with a commitment from both nations to
continue strengthening economic collaboration, exploring joint investment projects,

trade partnerships, and new areas of cooperation in the years ahead. It builds on

growing non-oil trade that reached US$537.1 million in 2024, a 68% increase from
2019. Major Argentinian exports to the UAE include corn, iron pipes, and soybean

products, reflecting Argentina's strength in agricultural and industrial goods.

Meanwhile, the UAE exports high-value machinery and tools, supporting Argentina's
growing manufacturing and technology sectors.

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