Overview
- The Argentine ambassador in Washington, Alec Oxenford, said the commercial agreement is “practically finished” and that only the announcement remains.
- Both sides are coordinating the timing of the reveal, which Oxenford said was delayed to avoid perceptions of electoral use.
- Foreign Minister Pablo Quirno is set to travel to Washington on Wednesday with official Pablo Lavigne to complete technical steps before any announcement.
- Oxenford said the talks have support from the U.S. Treasury and credited a reported US$20 billion currency swap with helping stabilize Argentine markets.
- Experts warn the deal is unlikely to be a full free trade agreement due to Mercosur rules, suggesting a narrower scope limited to selected tariff lines.