The Argentine government announced that the commercial agreement with the United States will be implemented gradually, with pending technical rounds for its rollout. The Casa Rosada seeks a meeting soon between Javier Milei and Donald Trump in Washington. The market reacted positively, though it awaits final details.
The trade and investment pact between Argentina and the United States was formalized this Thursday by the White House, marking a decisive step in the strategic alliance between both countries. However, in the Casa Rosada, they admit that 'technical rounds' are still needed to advance the implementation of the agreement's chapters. The political understanding between President Javier Milei and Donald Trump enabled an ambitious roadmap, but with pending details, including internal procedures in each country and approval from the Argentine Congress, similar to the 2014 precedent with China, which took a year to gain legislative backing.
The national government wants Milei to travel to Washington in the short term to close a meeting with Trump. Meanwhile, the announcement has generated tensions in Congress, where the opposition demands the presence of Foreign Minister Pablo Quirno in committees to explain the document's details. In the economic sphere, Argentine stocks rose sharply after the news, highlighting its positive impact, though investors await the 'fine print' to assess the final effect on the local economy.
Key sectors could benefit from the agreement, but its activation depends on resolving sensitive technical chapters and key institutional filters. The market supports the understanding but emphasizes the need for clarity in the final terms.