Overview
- Caputo held a private, roughly 20-minute meeting with U.S. Treasury Secretary Scott Bessent on Tuesday at the G20 in Asheville to consolidate bilateral financial and policy ties.
- Bessent publicly praised Argentina’s reform program as a major opportunity in the hemisphere and warned of tougher U.S. economic pressure on Iran, saying Washington has "zero tolerance" for the regime’s actions.
- Caputo also met IMF Managing Director Kristalina Georgieva and World Bank President Ajay Banga, who offered positive assessments of Argentina’s recovery and signalled continued multilateral engagement.
- Discussions with Qatar’s finance minister and U.S. officials linked the risk of disruptions in the Strait of Hormuz to higher energy prices, which officials said increases strategic investor interest in Argentina’s Vaca Muerta gas and oil basin.
- Argentina’s government framed the G20 contacts as validation of President Javier Milei’s reforms, building on the October 2025 US$20 billion swap with the U.S. and aiming to attract fresh investment and ease financing pressures at home.