The visit of the United States Secretary of the United States, Scott Besent, to Argentina marks a crucial moment in the country’s economic and political panorama. In the midst of a growing exchange uncertainty, the president Javier Milei It faces significant challenges, such as the Sangria of Reserves of the Central Bank, the implementation of a new agreement with the International Monetary Fund (IMF) and the recent elimination of the exchange rate.
This meeting not only reflects the support of Donald Trump’s administration to the management of Javier Mileibut also shows the strategic interests of the United States in the region, particularly in the context of the commercial war with China and Argentine natural resources.
The removal of the exchange rate, recently announced by the government of MileiIt has generated expectations and fears in the same extent. The measure, which allows the free flotation of the dollar within a band of between 1,000 and 1,400 pesos, seeks to stabilize the exchange market and attract foreign investments.
However, the transition to this new regime has been accompanied by marked volatility in prices and a growing concern for the inflationary impact. In this context, Besent’s visit acquires a particular relevance. As representative of the American Treasury, its presence symbolizes political and economic support for the reforms promoted by Milei.
In addition, its arrival coincides with the implementation of a new agreement with the IMF, which includes a disbursement of 20,000 million dollars to strengthen international reserves and guarantee the country’s financial stability. Beyond the explicit support to the policies of MileiBesent’s visit also responds to the strategic interests of the United States in the region.
Within the framework of the commercial war with China, the Trump administration has intensified its efforts to consolidate its influence in Latin America, and Argentina is no exception. The country’s natural resources, such as lithium, gas and oil, are of particular interest to Washington, which seeks to guarantee their access to these key supplies for the technology and energy industry.
Infrastructure
The meeting between Milei and Besentscheduled to be carried out in the Casa Rosada, will address issues such as economic cooperation, infrastructure investments and the exploitation of natural resources. They are also expected to discuss strategies to strengthen the bilateral relationship and counteract China’s growing influence on the region.
In the domestic sphere, Besent’s visit represents an opportunity for Javier Milei It reinforces its political and economic position. The president has faced criticism of both the opposition and sectors of the company for the adjustment measures implemented in recent months, which include the elimination of subsidies, the reduction of public spending and the privatization of state companies. In this sense, the support of the United States could be interpreted as a vote of confidence in its management.
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