Matias Colvas, Minister of Productive Development of the Argentine Republic, stressed that the UAE is an important global logistics and technology center.
In an interview with the Emirates News Agency, WAM, the Argentine Minister of Productive Development stated that there are promising opportunities to enhance bilateral cooperation between the UAE and Argentina in many sectors to advance development paths in both countries.
great importance
Colvas said, on the sidelines of the Argentine delegation’s visit to the UAE, that this visit is of great importance as it coincides with the UAE’s organization of Expo 2020 Dubai, with the participation of about 192 countries, and what this prominent global event offers great potentials for building partnerships and enhancing prospects for cooperation between the participating countries .. stressing the success of The UAE is organizing a unique and distinguished version of the Expo.
He pointed out that his country is one of the main exporters of food in the world, and the UAE is distinguished by its strategic location and is a major center for global trade, and we are keen to strengthen our cooperation in this strategic and vital sector.
He explained that there are also great opportunities to increase the volume of trade exchange between the two countries and develop joint Emirati-Argentine investments, pointing out that there are several sectors we look forward to strengthening joint cooperation with the UAE in them, including food, mining, clean energy and green hydrogen.
He added, “We are pleased to visit the UAE in conjunction with Expo 2020 Dubai, and we appreciate the prominent role played by the country in driving global economic growth and having a clear forward-looking vision for the future, and we look forward to strengthening our joint cooperation at various levels.”
He pointed out that in the midst of the challenges facing the world as a result of the “Covid-19” pandemic, we succeeded in achieving a growth in gross domestic results by 10.3 percent during the past year 2021, and we expect an increase of 4 percent by the end of this year 2022, stressing the existence of enormous opportunities. To achieve development in the country, especially with the natural resources it enjoys, in addition to having a skilled workforce and strong academic institutions.
industrial growth
He pointed out that the industrial growth in Argentina during the past year was higher than any other country except for China, which indicates the promising opportunities that Argentina possesses, and we are also keen to strengthen cooperation with the UAE in this field.
Speaking about the promising sectors in Argentina, he said that his country is the second largest source of lithium in the world and has the third largest reserves, so the mining sector is one of the important sectors in the country, and it is also one of the largest undiscovered copper reserves in the world, and also focuses on the energy sector in His country has had distinct natural areas to develop wind energy, solar energy and clean energy, and his country has paid great attention to the green hydrogen sector and is also interested in the steel industry. It also has the advantage of developing a value chain for sustainable mobility.
He praised the great efforts made by the UAE in global climate action.. He valued its pioneering initiatives to achieve climate neutrality by 2050, in addition to hosting the Conference of the States Parties to the United Nations Convention on Climate Change “COP 28”, noting that his country is one of the supporters of relying on resources Alternative energy such as nuclear energy is for peaceful purposes and achieving zero carbon emissions is extremely important for the entire world.
The Argentine Minister of Productive Development stressed that his country and the UAE have tremendous opportunities to enhance and deepen their cooperation in the future in several areas, and we look forward to turning these opportunities into development paths in the two countries.