President Javier Milei met on Monday at Casa Rosada with the US Secretary of the Treasury, Scott Besent, who praised the progress of the economic plan after the departure of the CEPO and according to the IMF and highlighted the negotiations to achieve a free trade agreement in the middle of the tariff war unleashed by Donald Trump. Your visit is considered as a “Strong support”To the management carried out by the President.
According to a statement released by the US Treasury, Besent “He reaffirmed the full support of the United States to the bold economic reforms of President Milei and praised him for the prompt action of his government to reduce the barriers to reciprocal trade with the United States”. In addition, he indicated that he congratulated the president for the “recent and successful” negotiations of Argentina with the International Monetary Fund (IMF).
The text also indicates that Besent reiterated the confidence of the US in Milei “to continue promoting the positive economic impulse of Argentina” and transmitted that Argentina “can achieve a brilliant future for its population through economic policies that provide stability and growth to the workers of the country and the dynamic companies of the private sector.”
During his fleeting trip, the Trump official held an encounter with the president and visited the Minister of Economy and members of his team. Milei and Besent also recorded a joint statement. Later, the American will provide a journalistic interview and leave the country around 19.
For its part, the meeting in La Rosada, Milei, crossed the Ministry of Economy to analyze the results in the markets and in the behavior of the dollar after the first day without stocks.
Caputo and Besent
Scott Besent’s delegation
Treasury secretary, Scott Besent was accompanied by Michael Kaplan, Treasury Undersecretary, Dan KatzChief of Cabinet and in Buenos Aires joined, Lydia BarrazaEmbassy business manager.
In parallel, they came Matt SchlappPresident of the Conservative Action Conference (CPAC) and SOLEDAD CEDROCPAC CPAC Argentina. He also added Rod citroneFriend of the Secretary of the Treasury; He is an important American businessman, founder of Discovery Capital Management and one of the owners of Pittsburgh Steelers.
Citrone was received at 13.30 by President Milei and the visit responds to the entrepreneur’s interest in investing in Argentina. There is talk of a figure greater than US $ 5,000 millionalthough “It can be even more,” Citrone relatives comment.
It should be noted that in the presidential environment the surprise visit of Besent did not stop attention.
Of frequent dialogue with Minister Caputo, the secretary of the Treasury would have asked him “It is helping Argentina”, Caputo’s response was not delayed: “Yes of course” And that’s how the trip was paid.
Its arrival occurs after the announcement of the agreement reached with the IMF, of the credit support granted by the World Bank and the IDB. Also, this Monday they begin to govern the Prior Actions agreed with the background. Among them the flotation of the official exchange rate between bands and the elimination of numerous restrictions of the exchange rate.
Scott Besent.jpeg
Actually, this visit of Besent might not be the only one since the consultant TACTIC, represented by Soledad Cedro and Barry Bennet He has been talking with the official to have his assistance To an entrepreneurial event to be held in Buenos Aires in the middle of the year
As secretary of the United States Treasury, Besset occupies the fifth place in the presidential succession line. The role of this official is key in the economic management of the first power since it is responsible for formulating and recommending national and international financial, economic and tax policies, participating in the formulation of broad fiscal policies that have general importance for the economy and administering public debt.
Source: Ambito
