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Milei Meets U.S. Ambassador After YPF Appeals Win

The meeting signals a push to secure U.S. backing in the YPF fight.

Overview

  • President Javier Milei hosted U.S. Ambassador Peter Lamelas at the Casa Rosada on Monday, following a favorable U.S. appeals ruling in the long-running YPF case.
  • The Second Circuit in New York overturned a first ruling that had ordered Argentina to pay about US$16 billion over the 2012 seizure of oil company YPF.
  • Government officials said the United States supported Argentina’s position during the appeal through friend-of-the-court briefs, alongside other countries.
  • U.S. Senator Rand Paul joined the meeting, as did adviser Demian Reidel, who left state firm Nucleoeléctrica after overpricing claims but continues to advise the president.
  • After the court decision, opposition leader Máximo Kirchner filed a bill to reaffirm the 2012 YPF expropriation as a sovereignty policy, escalating the political clash with the government.