A mining project focused on copper, gold, and silver in the Argentine province of San Juan has submitted a request to participate in the Incentive Regime for Large Investments, which offers tax breaks, currency-exchange advantages, and various incentives. The Vicuña Argentina project signifies a projected investment ranging from US$15 billion to US$17 billion over the … Read more
Argentina and Poland are nearly “a perfect match” and ought to leverage the prevailing global tensions to enhance cooperation and increase trade, according to the deputy foreign minister of the European nation. “As global unpredictability increases, conflict looms at Poland’s threshold. Global trade is experiencing notable shifts and emerging threats, with Poland and Argentina positioned … Read more
The diplomatic pivot of the Javier Milei administration towards Washington presents a strategic opportunity for US President Donald Trump to begin diminishing China’s influence in Latin America. Scott Bessent, serving as Treasury Secretary under Trump, articulated this within the framework of mobilizing financial support: “Milei is committed to getting China out of Argentina,” he stated … Read more
The administration of US President Donald Trump has expressed its backing for Argentina’s President Javier Milei, aiming to enhance his prospects in the upcoming midterm elections – the onus now rests on him to secure victory. Milei, 54, is approaching the final stretch of the campaign trail, buoyed by favorable winds from Washington, even as … Read more
OpenAI, a prominent US technology firm and the developer of ChatGPT, has entered into a letter of intent to establish a substantial artificial intelligence data center in the Patagonia region of Argentina – marking a significant first for Latin America. The Stargate Argentina project, revealed by the Argentine government on October 10, entails a collaboration … Read more
A multimillion-dollar investment in Artificial Intelligence in Patagonia and the launch of the Stargate Argentina project have been touted as a historic milestone. However, given the current charged electoral and geopolitical context, it is essential to consider not only the promises being made but also the beneficiaries, the underlying objectives, and the regulatory framework governing … Read more
RIGI: Seven projects have been approved for RIGI, totaling over US$13 billion from local and foreign capital. Three operate in the energy sector, two are engaged in lithium mining, and one is part of the steel industry. 1. Projects that have received approval – Southern Energy, a collaboration involving Pan American Energy (PAE), YPF, Pampa … Read more
President Javier Milei’s flagship RIGI incentive scheme for large investors has only imported US$26 million in three projects in one year. Seven actions were approved, 11 pending, and China rejected. One year after receiving Congressional approval and being introduced to much acclaim, one of President Javier Milei’s signature initiatives, the Régimen de Incentivos para Grandes Inversiones incentive scheme for major investments – commonly referred to as RIGI – has yet to gain traction. In the last year, a total of seven initiatives … Read more