Argentinian President Javier Milei recently made his fourth trip to the United States since taking office at the end of 2024. Despite not meeting with President Joe Biden on any of these trips, his latest visit focused on promoting his government program and attracting foreign investment to Argentina.
During the Global Conference of the Milken Institute in Los Angeles, Milei called on entrepreneurs to help transform Argentina into “the new Rome of the 21st century.” He believes that Argentina has the potential to become a major economic player in the Western world.
Milei’s passionate speeches have gained international attention, with his consistent message of fighting socialism and implementing economic reforms to revitalize Argentina’s economy. He has pushed for legislative approval of his state reform program, which aims to privatize public companies, streamline labor laws, and provide tax incentives to attract large corporations.
Despite Milei’s rhetoric, investors remain cautious about committing capital to Argentina due to the country’s high inflation rate and history of economic instability. They seek legal protections, tax benefits, and long-term stability to ensure their investments are secure.
Meeting Musk
One of the highlights of Milei’s trip was his meeting with Elon Musk, whom he considers a potential pioneer investor in Argentina. Milei praised Musk’s efforts to advance technology, stating that Musk’s vision aligns with his own goals for the country.
Milei’s international engagements contrast with his limited visits to domestic provinces in Argentina. He aims to position Argentina as a key player on the global stage, advocating for principles of freedom and economic rationality.
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