The UAE and Argentina are exploring opportunities to expand their economic partnership and boost investments. This development comes during a high-level UAE-Argentina seminar in Abu Dhabi; organized by the UAE Ministry of Economy in collaboration with the Abu Dhabi Chamber of Commerce and Industry on 5th February, 2025. The event brought together senior government officials and business leaders from both the countries and provided a platform for exploring new trade and investment opportunities.
From the UAE side, the seminar was headed by Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, Ahmed Jasim Al Zaabi; Chairman of the Abu Dhabi Department of Economic Development (ADDED), Chairman of the UAE Chambers and the Chairman of the Abu Dhabi Chamber, whereas the Argentinian side was led by the Minister of Foreign Affairs, International Trade and Worship; Mr. Gerardo Werthein. The event was held on the sidelines of the official visit by the Argentina’s Foreign Minister.
The UAE-Argentina seminar focused on Argentina’s new Incentive Regime for Large Investments (RIGI) that is aimed at attracting foreign investors. The programme aims to provide global investment community an access to projects in key sectors of the country’s economy that includes mining and energy, infrastructure and tourism, technology and advanced industries, and manufacturing. It also 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.
To that end, speaking at the event, Dr. Al Zeyoudi emphasised UAE’s commitment in strengthening economic ties with Argentina, he shared that “Argentina is an important economic partner for the UAE, and we see significant opportunities to enhance trade and investment flows in sectors that will shape the future of both our nations. The introduction of RIGI reflects Argentina’s ambition to create a world-class investment environment, and we believe UAE businesses are well-positioned to benefit from this framework”. He also took the opportunity to share insights from UAE’s business pro-business regulatory environment, which coupled with its global connectivity advanced infrastructure and strategic locations, offers Argentinian businesses an ideal platform to expand internationally.
Whereas on the other, Foreign Minister Werthein underscored the significance of strengthening economic and trade cooperation with the UAE, sharing that the launch of RIGI is a pivotal step towards creating a more competitive and investor-friendly environment. He stated “We are committed to deepening our strategic partnership with the UAE, a global hub for trade and investment. We look forward to fostering sustainable, fruitful partnerships that drive mutual growth and further strengthen our economic ties”.
As a matter of fact in 2018, the two nations took a crucial step towards deepening investment ties by signing a Bilateral Investment Treaty (BIT), underscoring a shared commitment in fostering a transparent and secure investment environment for businesses in both the countries.
All in all, the seminar concluded with reaffirmation from both the nations to continue strengthening economic collaboration, exploring joint investment projects, trade partnerships, and new areas of cooperation in the times ahead.
