Overview

• Peter Lamelas said U.S. companies and the broader Western bloc are about to invest an unprecedented amount in Argentina, echoing a “Make Argentina Great Again” message.
• He made the statement after meeting executives at the U.S.-Argentina Business Council to discuss company operations and bilateral priorities.
• Treasury Secretary Scott Bessent said talks are underway for a $20 billion Fed–BCRA currency swap and that the U.S. stands ready to buy Argentine dollar bonds and provide a standby ESF credit.
• Bessent emphasized the swap is a liquidity line rather than direct cash, and several reports note there are no finalized amounts or timelines yet.
• Opposition figures and analysts highlighted that no concrete disbursements or deals have been announced, as Argentina’s economic team seeks specifics in Washington and interest is reported to focus on energy, mining, infrastructure and technology.