In search of investments, Massa meets with representatives of Arab countries

In search of investments, Massa meets with representatives of Arab countries

In fact, the Ministry of Economy is already working with the Saudi Fund for Development (SFD), the Kuwait Fund for Arab Economic Development (KFAED), the Abu Dhabi Fund for Development (ADFD), the Qatar Fund for Development (QFD) and the OPEC Fund for International Development (OFID).

In principle, this Friday is scheduled for a Casa Rosada event, with the presence of the governors of Córdoba, Juan Schiaretti and of Santa Fe, Omar Perotti it will materialize the loan for US$50 million destined to finance the beginning of the first stage of construction of the Interprovincial Aqueduct.

This loan was granted by the Kuwait Fund for Arab Economic Development and will be settled by both provincial jurisdictions.

Precisely in search of investments, the head of the Palace of Finance, barely assumed, anticipated that he would travel to Qatar, although for the moment, this trip was postponed. Nevertheless, Ámbito learned that after his trip to the United States, talks are being held for Massa to visit various countries in the Middle East..

USA

In principle, only as of September 6 the Minister of Economy will travel to the United States. Meetings are being arranged with both Kristalina Georgieva, head of the IMF, Treasury Department representatives, and John Gonzalez, Joe Biden’s adviser for Latin America at the National Security Council, with whom Massa maintains, in addition to the professional bond, a close personal relationship.

Another of the planned meetings is with the authorities of the World Bank and with the president of the IDB, Mauricio Claver Caronewith the purpose of speeding up disbursements of existing loans and evaluating new financing opportunities for both infrastructure works and productive projects.

The details of the agenda in the United States is being coordinated by: in the United States, by the ambassador Jorge Arguello and, in Buenos Aires, by Massa’s historical adviser on international relations Gustavo Martinez Pandiani.

It also transpired that his tasks at the head of INDEC, Marco Lavagnais also collaborating with its knowledge in the area of ​​multilateral credit organizations.

It should be remembered that the Minister of Economy invited the former minister to participate in the tour to the United States Silvina Batakis who, at first, did not reject the invitation, in his environment they did not take for sure that he would travel.

According to the government, the trip to the United States has several objectives: its presentation as Argentina’s main negotiator and seeking support for the stabilization of the Argentine economy. This implies strengthening reserves through more markets for national exports and productive investments in strategic sectors such as energy, gas, agribusiness, proteins, knowledge-based services, industry 4.0, and critical minerals such as lithium.

In this sense, it is understood that going to houston to discuss ongoing projects and investment opportunities in Vaca Muerta with representatives of major US oil companies (Exxon and Chevron). A meeting with the directors of Livent, leading global company in lithium technology, with operations in the north of the country.

The trip to France was also postponed, although Massa’s intention is to resume the pending negotiation left by former minister Martín Guzmán with the Paris Club.

Source: Ambito

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