Argentina Begins UAE Trade Negotiations to Attract Mining and Energy Capital
Argentina and the United Arab Emirates started talks on a Comprehensive Economic Partnership Agreement after a meeting in New York on 24 September 2026. Buenos Aires is seeking Gulf investment for copper, lithium and shale gas projects under a 2024 incentives law. Emirati data put non-oil trade between the countries at US$767.5 million in 2025, while domestic critics warn about local supplier benefits.
Talks between Argentina and the UAE on a Comprehensive Economic Partnership Agreement began after a 24 September 2026 New York meeting between Pablo Quirno and Thani bin Ahmed Al Zeyoudi. No deal was signed; negotiations were described as opening. Coverage lists mining and strategic minerals, energy, agribusiness, artificial intelligence, data centres, pharmaceuticals, aerospace, tourism and urban development as possible areas.
The two sides cited an existing investment treaty and a double-taxation convention as the legal foundation. Emirati figures placed 2025 non-oil trade at US$767.5 million, up 42.6% from 2024. Argentina's 2024 incentives law offers large projects 30 years of tax and currency stability, while Abu Dhabi's state oil company already partners in Argentina's biggest energy plan.
The outcome could affect Argentine provinces, mining and energy workers, local suppliers, and communities near copper, lithium and shale projects. Faster investment may bring jobs and infrastructure, yet gains could concentrate in capital-intensive operations if local procurement remains limited. Concerns about imported equipment and few jobs may shape provincial and union politics. Emirati investors and Argentine exporters might benefit from lower barriers, while long tax-stability commitments could limit future fiscal flexibility.