Page 328 - MOE ENGLISH PR REPORT - FEBRUARY 2025 Part 2

2/20/25, 4:04 PM UAE and Argentina Strengthen Economic Ties with High-Level Seminar
Foreign Trade, and Ahmed Jasim Al Zaabi, Chairman of the Abu Dhabi Department of
Economic Development (ADDED), alongside an Argentinian delegation.

Dr. Al Zeyoudi emphasized the UAE’s commitment to strengthening economic ties
with Argentina, stating,

“Argentina is an important economic partner for the UAE, and we see significant

opportunities to enhance trade and investment flows. The introduction of RIGI reflects
Argentina’s ambition to create a world-class investment environment, and UAE
businesses are well positioned to benefit from this framework.”

He also promoted the UAE’s pro-business regulatory environment, global connectivity,
and strategic location as key advantages for Argentinian businesses.

Werthein highlighted the significance of economic cooperation, noting that RIGI offers
attractive incentives across key sectors such as mining, energy, infrastructure, and
technology.

“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,”

he said.

The seminar concluded with a commitment to further collaboration, building on
growing non-oil trade that reached US$537.1 million in 2024, a 68% increase from

2019. The UAE also continues discussions with Mercosur to enhance trade flows across
South America.

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