Javier Milei in Mercado Libre: “A successful businessman is a social benefactor”

The President Javier Milei On Wednesday, he praised the private sector again during his visit to the offices of Mercado Libre and assured that his government is waging a “battle against that many-headed monster that is the Argentine cost.” Before that, he was received by the company’s CEO, Marcos Galperín, who announced an investment in the country of US$75 million.

The president’s visit took place within the framework of the 25th anniversary of the company leader in e-commerce. It is the First time the President visits a local private company since he took office, but he is not the first head of state to go to Mercado Libre. In 2019, the company inaugurated the Saavedra offices with the presence of Mauricio Macri.

In a good climate of mutual praise, the president gave a speech at the end of his visit where he described Free market as “An example of the Argentina for which we work day and night“He praised the announced multi-million dollar investment and defended the role of the private sector.”A successful entrepreneur is a social benefactor“Because if he’s making money, it means he’s solved some problem for people and that guy deserves to be praised,” he explained.

Excited, the President arrived at predict that In the future there could be ten or fifteen companies like Mercado Libre“If building Mercado Libre was possible, imagine what we can achieve if we guarantee the macro conditions and reduce Argentine costs in the different sectors of the economy,” he said.

To achieve this, two conditions are necessary.he explained. The first is leaving inflation behind and regaining stability “because only without inflation can we project into the future and analyze better dynamic scenarios over time.”

The second condition is “the battle against that many-headed monster, which is the Argentine cost; that between the very high cost of credit; the obsolete labor legislation; the eternal bureaucracy; the mountains of taxes and absurd regulations, practically all economic activities become more expensive and the competitiveness of Argentine labor is reduced,” he explained.

In this sense, Milei He said that his government “is a unconditional ally of the private sector” and called for continued investment. For his part, he pledged to “reremove all obstacles and barriers that separate the Argentina they left us from the Argentina we dream of every day: a free, prosperous and thriving country.”

This meeting took place within the framework of a Mercado Libre’s lawsuit against a group of banks for unfair competitionA few days ago, Galperín’s company denounced the formation of a new banking cartel through the application MODEarguing that banks are repeating anti-competitive practices that limit innovation and harm fintechs and consumers.

Mercado Libre will invest US$75 million in a new distribution center and plans to hire 2,300 workers

Free market took advantage of the celebration of its 25th anniversary This Wednesday for announce that it will invest US$75 million in the construction of a new distribution center, of 56,000 square meters, next to the Central Market. The ecommerce giant estimates to generate about 2,700 jobs.

The company celebrated its 25th anniversary as the leading online commerce platform in Latin America and Argentina. In the Buenos Aires neighborhood of Saavedra, the Argentine unicorn presented some hard data on its business over more than two decades and also the creation of a new operations center, which is why it invited the president to the meeting. Javier Milei.

The announcement was made by Ariel Szarfesteijnpresident of e-commerce for Mercado Libre for Latin America, at a press conference held minutes before Milei’s visit to the company’s headquarters, where he was received by Marcos Galperin.