Overview
- Peter Lamelas said on social media that U.S. and Western companies are poised to deploy an unprecedented amount of capital in Argentina following his meeting with the U.S.-Argentina Business Council.
- Treasury Secretary Scott Bessent has described ongoing talks for a reported $20 billion Federal Reserve–BCRA currency swap and signaled readiness for U.S. purchases of Argentine dollar bonds and an ESF standby loan.
- No figures, timelines, or formal agreements have been announced for either private investments or official financial support.
- Argentine outlets and market commentators highlighted skepticism, stressing that recent statements remain unconfirmed promises pending operational details.
- Business interest discussed around the council focuses on energy, mining, infrastructure, and technology, while Argentina’s economic team heads to Washington for meetings led by Economy Minister Luis Caputo and Bessent.