Overview
- U.S. Ambassador Peter Lamelas met Wednesday with Argentina’s deregulation minister, Federico Sturzenegger, to narrow differences and work through the deal’s detailed terms.
- After the meeting, Lamelas called the discussion “excellent” and said Milei’s reforms could energize the economy, citing deregulation’s potential to spur innovation, investment, jobs and trade.
- The U.S. Embassy and the White House reiterated support for the framework, saying it would foster long‑term growth and create conditions for increased investment.
- Media reports, citing officials, describe draft provisions that include tariff reductions, removal of non‑tariff barriers, expanded agricultural access such as live cattle and a one‑year timeline on poultry, cooperation on critical minerals, and rules enabling cross‑border data transfers.
- Negotiators are still working on the final text and procedures for implementation, with the detailed terms under negotiation and the timeline continuing to take shape.