Subsequently, investment announcements from food companies are expected and at the Argentine Embassy in the capital of the United States it will receive executives from the firms Lamb Weston, the leading potato company in North America; and Tyson Foods, a leading protein producer.
Finally, he will be received by José Fernández, Undersecretary for Economic Growth, Energy and the State Environment.
In this way, Massa will conclude the first stage of his trip in Washington, since in the afternoon he will go to Houston where he will meet with executives of the Chevron, Exxon, Shell and Total companies and will tour a hydrocarbon production area and his return It will be Friday night.
The final tour concludes on Monday with a meeting with David LiptonAdvisor to the Secretary for International Affairs of the United States Treasury, and to close, he will meet with the managing director of the International Monetary Fund (IMF), Kristalina Georgiev.
What left the second day of Massa in May
Massa again obtained in Washington the assistance of another international organization: the World Bank announced a loan for Argentina for $900 million. In addition, he met with officials from the International Finance Corporation.
One of the main points of the day was the meeting he had at the White House with President Biden’s advisers, Jake Sullivan, Mike Pyle and Juan González, whom he had received the night before at the home of Ambassador Jorge Argüello.
Massa was accompanied by Deputy Minister Gabriel Rubinstein, Chief of Staff Leonardo Madcur and his adviser Gustavo Martinez Pandiani. Ambassadors Jorge Arguello and Marc Stanley were also present.
At the meeting they discussed the effects of the war on the Argentine economy and exchanged ideas on how to cooperatively address the challenges of global food and energy security. They also made progress on initiatives aimed at increasing bilateral trade and investment.
Later, the minister was accompanied by the Secretary of Energy, Flavia Royón, and the Secretary of Mining, Fernanda Ávila, with whom he met with Del Renigar, Vice President of Government Affairs of Rio Tinto, and Guillermo Calo, Executive Director of the Rincón Project.
The Rio Tinto companyone of the largest mining companies in the world, approved the investment of US$190 million to develop the Rincón lithium project in Salta, whose initial commercial projection of 3,000 tons of annual production of battery-grade lithium carbonate will allow obtaining greater knowledge and information of the industrial and technological process and continue advancing in new investments. In addition, Massa and Ávila held a working meeting with Paul Graves, CEO of LIVENT, a leading company in lithium technology. The firm has invested US$1.5 billion in Argentina.
On the other hand, the minister shared a meeting at the Argentine Embassy with Joao Carlos Costa Braga, Global VP and president for Latin America of Whirlpool to start talks on the inauguration of the most modern plant in South America for front-loading washing machines.
This project requires an investment of US$52 million for the plant and manufacture of a washing machine every 40 seconds. It is estimated that by 2023 the company’s exports will reach US$70 million in the continent.
Source: Ambito
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