Economy Politics Country 2025-11-10T16:43:10+00:00

Argentina and US Close to Finalizing Trade Agreement

Argentina's ambassador to the US states that a trade deal is nearly complete, awaiting only the right moment for announcement, highlighting its significant positive impact on the nation's future.


Argentina and US Close to Finalizing Trade Agreement

The ambassador of Argentina to the United States, Alec Oxenford, reported that the trade agreement between the two nations is closed and that all that is left is "to put the bow on it." Additionally, he revealed that they are looking for "the right moment" to announce it. "I have signed a confidentiality agreement, I cannot comment, but the agreement is advancing. It is practically finished, now it depends on finding the right moment for the parties to, in simple terms, put the bow on it and announce it," he stated in radio statements. In the same vein, he asserted: "These things that have a high impact are looking for the right moment. When there is an election, it is better to wait a bit, so as not to take electoral advantage of things, as demonstrated with many measures such as the one for the Garrahan." "I imagine we will have news very soon. It will be something that will positively mark us for a long time," the diplomat anticipated. The new Foreign Minister, Pablo Quirno, will return to this Wednesday to the United States to advance in the trade agreement, and he will be accompanied by the Secretary of Production Coordination, Pablo Lavigne. Likewise, he emphasized that the support of the United States for Argentina had a positive impact, which was reflected in the calm of the markets, and asked to "look forward" to advance in what he defined as "the path to prosperity." "It is necessary to see the whole picture and see that we are heading towards the first opportunity in 80 years to get out of this terrible cycle," affirmed the ambassador. "We have an incredible opportunity. When they see that all the leaders of the world measure us with admiration, it is because Argentina is truly seen as distinctive," he stated, and added: "In December, when the elected candidates take office, we are going to start implementing the reforms faster than the President is implementing them." Lastly, the diplomat described President Javier Milei's express tour of the United States as "historic," and maintained that the country is "adopting a position" of centrality as a result of the "leadership" of the libertarian. "We are not aware of the diplomatic value of having a president like Javier Milei who is so recognized and listened to in the most important forums in the world," he highlighted. "There is no awareness of the position that Argentina is beginning to adopt thanks to the leadership of Javier Milei," he underlined, and concluded: "This opportunity that is identified in Argentina, for the first time in 100 years where we see three fundamental things: clear leadership, explicit international support and now internal support that are evidenced by the elections."