The president of Argentina, Javier Milei, intends to convince investors this Tuesday (10) that the country’s economic recovery can remain on track, even with the war in Iran raising oil prices, strengthening the dollar and shaking emerging markets.
Milei is expected to speak to investors and executives at JPMorgan’s new headquarters in Midtown Manhattan as part of “Argentina Week” – a series of events in New York to convince financiers that the South American country’s stabilization effort continues to generate attractive investments despite the.
“We are talking about creating connections, establishing the right environment for these conversations to be productive,” declared Manuel Adorni, Milei’s chief of staff and spokesperson, addressing investors at a reception on Monday night (9), at the Argentine consulate in New York.
“We want to build trust, we want to lay the foundation so that we can establish a long-term relationship,” he continued.
Support from the United States government has become a key part of this strategy. President Donald Trump’s government publicly supported Milei ahead of Argentina’s midterm elections in October 2025 and expanded financial cooperation with Buenos Aires. A U.S.-sponsored line of credit helped avoid a rush to weight before the vote.
The two countries strengthened economic ties in February when they signed a reciprocal trade and investment agreement designed to facilitate North American investment, including in the critical minerals sector.
“They are simply reiterating the investment opportunities in Argentina and sending a message of macroeconomic and political stability,” Armando Armenta, senior economist and strategist at AllianceBernstein, said of the roadshow. “It’s good that they’re doing this, because Argentina has been out of the spotlight for a long time.”
The Argentine government says aggressive cuts in public spending, deregulation and fiscal tightening are beginning to restore macroeconomic stability, after years of deficits, currency crises and runaway inflation.
Investors cautiously welcomed the adjustments, which included a labor reform approved by Congress that represented a major legislative victory for Milei.
Still, Argentina needs to rebuild foreign exchange reserves, attract long-term investment and regain reliable access to capital markets after years of defaults and capital controls – some of which are still in place.
Argentine Week will also be attended by the Minister of Economy, Luis Caputo, the president of the Central Bank, Santiago Bausili, and the Minister of Deregulation, Federico Sturzenegger. Officials hope it will help demonstrate that the reforms are translating into investment opportunities, particularly in sectors such as energy, mining, agriculture and technology.
The greater rapprochement with the United States marks a change after years in which China expanded its economic influence across South America. Still, the Asian country remains one of Argentina’s largest trading partners and an important creditor.
Global context
They have risen nearly 30% this month to around $90 a barrel amid US and Israeli attacks on Iran, while the search for safe-haven assets has strengthened the dollar and caused some investors to shy away from emerging markets.
Last week, the Merval index – the main reference for Argentine shares – reached its lowest level since October.
For Milei, the challenge is to convince investors that Argentina’s reforms deserve attention, even amid a search for safer assets.
