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Argentina Nears U.S. Commercial Pact as Bolivia Reopens Ties With Washington

Officials describe a near-final pact whose announcement awaits coordinated timing after visible market stabilization linked to U.S. support.

Overview

  • Alec Oxenford said the ArgentinaU.S. commercial agreement is “practically closed,” with details under confidentiality and the announcement pending a jointly chosen moment.
  • Foreign Minister Pablo Quirno is set to travel to Washington this week to resolve remaining technical points before the deal is unveiled.
  • Argentine officials credit recent U.S. backing, including a reported $20 billion currency swap and Treasury support, with calming markets and lowering perceived risk.
  • The understanding is framed to deepen trade and investment and to give U.S. investors greater confidence in sectors such as mining, energy and infrastructure.
  • In Bolivia, President Rodrigo Paz took office, presented a pro‑investment cabinet and welcomed U.S. engagement as Washington said it will restore ambassador‑level relations; his government moved to drop U.S. visa requirements and enable Starlink.