Meeting between Uruguay and the United Arab Emirates highlights investments in sustainable energies

In a meeting held at the Santos Palace, the Minister of Foreign Affairs, Omar Paganini, together with the Undersecretary, Nicolás Albertoni, received the Minister of International Cooperation of the United Arab Emirates, Ree bint Ebrahim Al Hashimy. The meeting, which was attended by Uruguay XXI’s Deputy Executive Director, Eduardo Rodríguez, and the agency’s Investment Projects Manager, Alvaro Brunini, focused on strengthening bilateral ties between Uruguay and the United Arab Emirates, addressing joint strategies in trade, investment and cooperation.

Rodriguez highlighted the investment opportunities that Uruguay offers, especially in key sectors such as renewable energy, ports, and green hydrogen. “Uruguay has completed a remarkable energy transition in the last decade, reaching 98% of its annual electricity demand being covered by renewable sources such as wind, biomass, photovoltaic, and hydroelectric,” said Rodriguez.

This achievement positions Uruguay as a world leader in green energy, with a strong governmental commitment and optimal conditions for the development of green hydrogen and electric mobility.

Following up on this meeting, the Ambassador of the United Arab Emirates in Argentina, H.E. Saeed Abdulla Saif Saif Joula Alqemzi, and his team visited Uruguay XXI to deepen the country’s value proposition as a strategic partner for long-term business development. Uruguay’s transparency, political and economic stability, as well as its excellent quality of life and equitable tax regime for domestic and foreign investors were among the topics highlighted.

The meeting underscored both countries' commitment to strengthening bilateral collaboration and exploring new opportunities that will benefit both economies. Uruguay continues to position itself as an attractive destination for sustainable investments, supported by its developed infrastructure, tax incentives, and a business-friendly environment that promotes a level playing field for all investors.