Dubai – Mubasher: The UAE’s Emirates Argentina Business Platform has announced opening its office in Dubai’s Jebel Ali Free Zone (Jafza).
The deal was signed by DP World Group chairman and CEO Sultan Ahmed Bin Sulayem, and Argentina’s secretary of trade Miguel Braun.
The UAE-Argentina business platform works on promoting commercial relations between the UAE and Argentina, linking producers of goods and services with their target customers.
The signing came as part of the efforts of a high-level delegation visiting the UAE, Jafza said in a statement.
Commenting on the deal, Sultan Ahmed Bin Sulayem, who doubles as chairman of the Ports, Customs, and Free Zone Corporation, stated that the agreement bolsters the long-standing relationship between DP World and Jafza on one hand and Argentina on the other.
“Our investments in Argentina make us an ideal partner with the ability to link markets, products, and commodities to MENA markets via [Jafza]. Our extensive reach and the UAE’s strategic geographic location will help boost the competitiveness of Argentine goods in the region,” bin Sulayem stated.
DP World currently operates the Terminales Rio de la Plata (TRP) in Argentina’s Buenos Aires, handling containers, general cargo, and cruise vessels. The port operator also has a presence in Brazil, Peru, the Dominican Republic, Ecuador, and Suriname.
Among Jafza’s incentives for businesses is exemption from import and re-export duties and seamless e-services, which facilitates the establishment of businesses in the free zone.
“The two sides discussed ways to cooperate and strengthen trade relations by enhancing the presence of Argentine companies through incentives and services provided by Jebel Ali Port and Free Zone,” the statement indicated.
“Argentine companies trading in agricultural, meat and other food products can benefit from Halal certificates granted by the Standards and Metrology Authority following growing global demand for halal fish,” Jafza added.