Overview

• The July 5 meeting at Casa Rosada marked the second in-person encounter between President Javier Milei and Prime Minister Narendra Modi since their initial G20 summit meeting in November 2024.
• Both leaders pledged to broaden Argentina’s export base beyond soybean oil by identifying new markets and increasing shipments of products such as sunflower oil.
• They agreed to pursue joint ventures in energy and defense production and to bolster commercial and cultural exchanges under the Strategic Partnership framework.
• The summit coincided with the five-year anniversary of their elevated Strategic Partnership, first established in 2020 to deepen ties across trade, investment and diplomacy.
• Prime Minister Modi will proceed to the BRICS summit in Rio de Janeiro, where Argentina will remain outside the bloc following Milei’s formal exit aligned with U.S. policy.