US Treasury Secretary Bessent Meets with Argentina's President Milei, Affirms Support for Economic Reforms

US Treasury Secretary Scott Bessent met with Argentina's President Javier Milei on April 14, 2025, to discuss the country's economic reforms. The meeting occurred as Argentina continues its efforts to lift capital controls and strengthen its economy.

Following the meeting, the US Treasury Department released a statement affirming the United States' support for President Milei's economic reforms. Secretary Bessent commended the Milei administration for reducing barriers to reciprocal trade with the United States. He also praised Argentina's negotiations with the IMF, World Bank, and Inter-American Development Bank.

Secretary Bessent expressed interest in co-chairing future trade talks with Argentina alongside the US Trade Representative (USTR). The meeting included Argentina's Economy Minister Luis Caputo, Central Bank head Santiago Bausili, and members of their economic teams. Bessent's visit underscores the strengthening ties between the US and Argentina under President Milei's leadership.

Milei announced Argentina was ready to sign a trade agreement with the U.S. following the meeting. Bessent's visit also comes amid a complex international environment, with the Argentine government aiming to advance an agreement with the White House.