In economic matters, the link has recently registered “remarkable growth”, so much so that trade exchange “rose from 633 million dollars in 2020 to approximately 1.8 billion in 2022.”
This Monday, Argentina and the United Arab Emirates (UAE) celebrated 50 years of bilateral relations, a link that, in terms of trade, increased by more than 1 billion dollars in just two years.
To sustain this bilateral relationship, which began on February 26, 1974, high-level visits were “fundamental to align the political and strategic visions of both countries, with a particular focus on security, global stability and cooperation to confront contemporary challenges, such as climate change,” indicated a statement from the UAE representation in the country.
In economic matters, the bilateral link has recently registered “remarkable growth” , so much so that trade exchange “rose from 633 million dollars in 2020 to approximately 1.8 billion in 2022.
In this sense, more than a hundred Argentine companies participated in the recent food fair “Gulfood in Dubai”, considered the most important international meeting on the subject.
“We hope to advance in the next period on what has already been worked on and developed together with the visits of economic delegations,” he expressed in a statement by the Emirati ambassador to Argentina Saeed Alqemzi.
The diplomat highlighted the visit to the country, last June, of the Minister of State for International Cooperation, Reem Al Hashimy , who did so accompanied by a group of businessmen and representatives of funds Emirati investment groups from various sectors.
In half a century of relationship, Argentina and the United Arab Emirates signed more than 30 bilateral agreements and memorandums of understanding on food security, cybersecurity and investment promotion.
Additionally, as part of the bilateral link, the loans made by the Abu Dhabi Development Fund (ADFD) stand out for a total of 124 million dollars to support infrastructure projects in the provinces of Córdoba, Santa Fe and Neuquén.
In a similar context, the Emirati diplomatic representation in Argentina highlighted the signing of a joint declaration on the Bioceanic Corridor that also involves Brazil, Paraguay and Chile, with the aim of promoting the development of logistics infrastructure in the region and in the provinces. Argentina, in particular.
