UAE looks into Argentina agriculture sector

Abu Dhabi: Abdullah Al Saleh, Undersecretary of the Ministry of Foreign Trade (MOFT), has discussed with a visiting Argentinean delegation ways of strengthening and developing joint UAE-Argentinean investment in the South American country’s agricultural sector and removing barriers to Emirati investors wishing to invest in the sector.

The Argentinean delegation is headed by Gustavo Alberto Alvarex, Undersecretary of Political Coordination at the Argentine Ministry of Agriculture, Livestock and Fisheries.

During the meeting, Al Saleh underlined the importance of strengthening economic and trade

relations between the UAE and the Argentina in all fields, calling for developing investments and joint projects between the two countries, especially in the food sector.

Al Saleh pointed out to the great degree of importance the UAE assigns to food-oriented investments and industries in order to satisfy its population’s growing food demands, adding that this is evident through the UAE’s recurrent hosting of the largest international food fairs such as SIAL Middle East and Gulfood.

Total bilateral trade between the UAE and Argentina achieved a 40 per cent growth from 2010 to 2011.

Ruben Eduardo Caro, the Ambassador of Argentina to the UAE was also present at the meeting.