Argentina signs critical minerals deal with US, foreign ministry says
The deal aims to reduce U.S. dependence on China for critical minerals like lithium, while boosting Argentina’s trade and attracting $16.7 billion in mining investments, officials said.
- On Thursday, Argentina and the United States signed a trade and investment agreement in Washington, D.C., and Pablo Quirno, Argentina's Foreign Minister, said it includes critical-minerals provisions to secure U.S. access to Argentine lithium.
- Built on a November framework, the deal advances President Javier Milei's push to open Argentina's protectionist economy and reflects U.S. efforts to reduce reliance on China through reciprocal tariff adjustments.
- A planned $14 billion investment will fund El Pachón and MARA , while Argentina's mining exports reached $6 billion and lithium production hit 110,000 tonnes in 2025.
- Argentina will open its market to live cattle and give American producers preferential access to medicines and machinery, while the U.S. Trade Representative confirmed the deal though final details remain unreleased, and Democratic lawmakers voiced outrage over the $20 billion U.S. Treasury lifeline.
- The move follows U.S. steps like Project Vault and a glacier‑protection reform heading to Argentina's Senate on February 10, which could endanger Andean freshwater reserves.
136 Articles
136 Articles
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US, Argentina strike sweeping trade deal cutting tariffs, opening markets to US exports
Argentina and the United States have signed a reciprocal trade and investment agreement that will give U.S. exports preferential market access, reduce tariffs on a wide range of goods and deepen cooperation on economic and national security issues, according to the U.S. Trade Representative’s (USTR) office and President Javier Milei.The agreement, signed Thursday, is designed to cut or eliminate tariff and non-tariff barriers, facilitate trade i…
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