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UAE and Argentina ties boosted by Sheikh Abdullah visit

posted on 06/02/2016: 1752 views



BUENOS AIRES, 6th February, 2016 (WAM) -- The UAE and the new government of Argentina are strengthening their relationship at a time when the South American country is seeking to bring in foreign exchange, build up its international reserves and draw investment, in what the authorities are describing as a new era of openness to the world.

According to an article published by the Inter Press Service News Agency, bilateral ties will be boosted during a visit to the Argentine capital by the UAE's Foreign Minister, H.H. Sheikh Abdullah bin Zayed Al Nahyan, at the start of his Latin America tour.

After several high-level meetings, the Foreign Minister's visit is expected to end with the signing of a raft of agreements.

The countries established diplomatic ties in 1975 and opened embassies in 2008. But relations moved to a new level when Argentina's previous president, Cristina Fernandez de Kirchner, visited Abu Dhabi in January 2013, where she met with UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan.

During that visit, cooperation agreements were signed in many areas, including food, with the opening of the Emirati market to non-traditional Argentine products, after which Argentina opened its first business office in the UAE.

In 2014, as the Argentine-Arab Chamber of Commerce informed Inter Press Service, trade between Argentina and the UAE amounted to 228 million Dollars.

Bilateral ties were reinforced in April 2014, with a visit to Argentina by Vice President and Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, during which a Memorandum of Understanding for cooperation in the peaceful use of nuclear energy was signed and de Kirchner declared that both countries formed part of the exclusive club of nations that can produce nuclear energy, but that do so on a non-proliferation basis.

During meetings in Buenos Aires, agreements were also reached to promote tourism initiatives and projects in renewable energy – an area in which the UAE is considered a pioneer among Gulf countries and at the international level.

H.H. Sheikh Abdullah bin Zayed's tour will also take him to Belize, Colombia, Panama and Costa Rica, before he flies out of the region on February 12th. – Emirates News Agency, WAM - http://www.wam.ae/en/news/emirates/1395291191169.html

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