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Argentina Nears U.S. Trade Deal as Bolivia Restores Ambassador Ties in Regional Pivot

Officials cite U.S. backing as a market stabilizer, with Bolivia's new leadership reopening investment channels.

Overview

  • Argentina says a U.S. commercial agreement is practically finished, with both sides aligning on when to announce it, according to ambassador Alec Oxenford.
  • Foreign Minister Pablo Quirno travels to Washington this week to iron out final technical details, as the government seeks governors’ support for the 2026 budget and pending reforms.
  • Officials credit U.S. backing — including a reported $20 billion currency swap and interest from DFC and EXIM — with calming recent market volatility.
  • In Bolivia, newly inaugurated President Rodrigo Paz received a U.S. commitment to restore ambassador-level relations after 17 years and to restart trade and investment dialogues.
  • Paz presented a pro-investment cabinet, scrapped visa requirements for U.S. visitors, authorized Starlink service, and is pursuing urgent financing from the IMF and IDB.