The Argentine government is in talks with the United States about a potential agreement that would give the country trade advantages, President Javier Milley said, quoted by Reuters, reports News.bg.
“There is a question of trade advantages that the United States would give us; the United States has strongly favored Argentina“, the head of state stressed.
Earlier this month, the United States bought Argentine pesos on the open market. Treasury Secretary Scott Besant announced that the department is working with banks and investment funds to create a $20 billion facility designed to invest in Argentina's sovereign debt.
Milley added that he is considering changes to cabinet after the midterm elections, which will be held on October 26. The vote will be a crucial test for the president as he enters the second half of his term amid falling approval ratings and a legislative backlog in the opposition-controlled Congress.
Meanwhile, US President Donald Trump said earlier this week that Washington would not “waste its time” with Argentina if Milley's party loses the parliamentary elections. In response, Milley noted that Trump has expressed support for the current government, which will remain in power until at least 2027.