President Joe Biden and President-elect Javier Milei recently spoke for the first time about the “shared priorities” between the United States and Argentina, addressing how to build a strong relationship between the two countries moving forward. The White House revealed that the two leaders emphasized the need for cooperation on economic issues as well as regional and multilateral cooperation, in addition to common shared priorities such as human rights, food insecurity, and clean energy investment.
Argentina’s economy Minister, Sergio Massa, conceded defeat to President-elect Milei on November 19th after it became clear he couldn’t win. Subsequently, Argentina’s Electoral Authority announced that President-elect Milei secured 55.7 percent of the vote.
The shared priorities in the U.S. and Argentina are pressing issues, as Argentina was once one of the wealthiest countries in the world but now faces high government spending, economic stagnation, and soaring inflation. President Biden also exchanged congratulations to Mr. Milei and expressed his pride at the conduct of Argentina’s election, praising it as a testament to the strength of the country’s democratic institutions.
President Donald Trump also congratulated President-elect Milei and anticipated that Argentina will “truly Make Argentina Great Again.” Mr. Milei is about to take office and will face the initial obstacles of taming inflation, decreasing the bloated state bureaucracy, and contending with an entrenched opposition. He has proposed cutting the number of federal agencies and ministries, among other significant changes, presenting himself as a promoter of “pro-freedom policies” aiming to aid the economical, political, and cultural development that Argentinians need.