US ambassador Marc Stanley: “Milei is building a ‘normal economy'”

US ambassador Marc Stanley: “Milei is building a ‘normal economy'”

Marc Stanleyambassador of USAsat down with him Herald at the Hilton Hotel in Puerto Madero this Wednesday, as part of the cycle “Herald Talks: Diplomats Edition.” There he talked about various topics, from the future of bilateral trade to the rapid expansion of the artificial intelligence.

“President Milei has pointed out that wants a firm alignment with the United States“We have heard it, and we have responded,” the ambassador said.

Stanley expressed optimism that once the Argentine economy stabilizes and there is greater access to capital, the country could receive a business influx. He added that the Widespread foreign exchange restrictions have been “one of the challenges of recent years.”

“We are not looking for an advantage, We just want normality“American companies can go do business anywhere. They can go anywhere. Uruguay, Chile, Europe, Brazil. Why would they want to come to Argentina if there are risks?”.

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Marc Stanley expressed optimism about the future of the bilateral relationship between the United States and Argentina.

Photo: Mariano Fuchila

Stanley stressed that Milei’s government has achieved “great advances in the construction of what [la canciller Diana] Mondino has named ‘a normal economy“’”.

“There is a lot of interest, but It takes two to tangoIf you build a house, you first have to build a good foundation. And I think that Milei’s government and Congress are fixing the foundations of the house”.

Stanley also took a moment to reflect on Milei’s government and the partnership possibilities that arise from his free-market management style.

Bilateral relations: Stanley assured that both countries have “what the world wants and needs”

We both have what the world needs and wants.“We both have oil and gas. We both have rare minerals. We both have agriculture and livestock. We both have technology. We both have human capital. And we are perfect partners for feed and fuel the world”.

The American ambassador pointed out that since Milei assumed the presidency in December 2023, the United States has sent to Argentina “officials from the Department of Energy and the Treasury, as well as representatives from the Department of Defense, SOUTHCOM, Homeland Security, the DEA, the CIA, the Senate and the White House,” among others.We want it to work“, he added.

While Stanley identified rare minerals as the sector of the economy in which Argentina has the greatest growth potential, he also acknowledged that artificial intelligence has the ability to radically transform not only the way countries trade, but also the way people go about their daily lives.

“You guys have a phone in your hand, right?” he asked the Herald editorial team.What did they do 20 years ago, before the telephone existed? Where did they get the information? They didn’t have it.”

“Our lives changed completely 20 years ago,” he continued. “So I can’t know What will our lives be like in five years?once that [despeguen] quantum technology and artificial intelligence.”

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“We want this to work,” said Marc Stanely about Argentina’s economic future.

“We want this to work,” said Marc Stanely about Argentina’s economic future.

Photo: Mariano Fuchila

Marc Stanley expressed concern for the scientific sector: “I hope that this continues to be supported”

On the other hand, Stanley expressed a special worry for the future of the Argentine scientific sector, which has suffered cuts in public spending, as well as for the well-being of the youngest.

“Argentina has some of the best scientists in Latin America,” he said.I hope that this continues to be supported. The country It also has one of the best educational systems since Sarmiento“But more than 55% of children today live in poverty. That worries me.”

Last Saturday, the Buenos Aires Heraldwhich was officially relaunched in 2023 after a six-year hiatus, celebrated its 148th anniversary.

Source: Ambito

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