Page 320 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2
P. 320
2/20/25, 4:04 PM UAE and Argentina Explore new Investment Opportunities at Economic Seminar in Abu Dhabi - Middle East Business News and Inf…
On his part, HE Gerardo Werthein emphasized 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 program, 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.
In 2018, the two nations took a significant step towards deepening investment ties with the signing of a
Bilateral Investment Treaty (BIT), reinforcing a shared commitment to fostering a transparent and secure
investment environment for businesses in both countries. The UAE also continues to explore closer
engagement with South American countries, including Argentina, through direct discussions with Mercosur,
the South American trade bloc, to enhance market access and trade flows across the region.
Share this:
https://mid-east.info/uae-and-argentina-explore-new-investment-opportunities-at-economic-seminar-in-abu-dhabi/?amp=1 4/4