Argentina has introduced a new program - the Incentive Regime for Large Investments (RIGI), which aims to create a global level of investment attractiveness in the country. Representatives of the OAA expressed confidence that businesses from their country will take advantage of this new framework.
The Minister of Foreign Trade of the OAA supported their initiative and promoted a favorable business regulatory environment in their country. He noted that due to global connectivity, developed infrastructure, and strategic location, the OAA becomes an ideal platform for business expansion for Argentine companies.
According to Werthein, the launch of the Incentive Regime for Large Investments (RIGI) is a key step towards creating a competitive and friendly investment environment. He emphasized that the country is ready to deepen strategic partnerships with the OAA, offering stability in legislation, tax incentives, and predictability for foreign investors.
During the seminar, all the countries expressed readiness to continue strengthening economic cooperation, exploring joint investment projects, trade partnerships, and new directions for cooperation in the future. RIGI represents an important opportunity for attracting Emirati investments into priority sectors of Argentina, such as the extraction of valuable minerals, energy, infrastructure, and technology.
In 2018, a bilateral investment agreement was signed between the two countries, reaffirming the common commitment to ensure a transparent and secure investment environment for business in both countries. The OAA also continues to explore the possibilities of closer interaction with South American countries, including Argentina, through direct negotiations with Mercosur, the South American trading bloc, to improve access to markets and trade flows across the region.
