Argentina's Milei US-bound to meet tech bosses

Argentina's Milei US-bound to meet tech bosses

Argentina's President Javier Milei is seen in Cordoba, Argentina on May 25, 2024
Argentina's President Javier Milei is seen in Cordoba, Argentina on May 25, 2024. Photo: Diego LIMA / AFP
Source: AFP

Argentine President Javier Milei heads for the United States Monday for the fourth time since taking office in December, meeting tech giants as he seeks to "reposition" his economically troubled country, the government said.

Accompanied by his economy minister, Milei is set to meet representatives of OpenAI, Apple and Google this week, as well as Meta chief executive Mark Zuckerberg, presidential spokesman Manuel Adorni told reporters.

The ultra-liberal president will meet "the owners of four of the top 10 companies by market capitalization in the world in this bid to reposition Argentina globally," Adorni told reporters.

It is Milei's seventh trip overall since December, and comes in a week the Senate will be debating his budget-slashing and liberalizing economic reform package.

Milei's last visit abroad, to Spain, unleashed a major diplomatic spat last week after he called the prime minister's wife "corrupt" at a gathering of far-right leaders in Madrid.

Read also

Defying protests, TotalEnergies says seeking new oil fields

On his way home after his trip to Silicon Valley and Stanford University, the self-declared "anarcho-capitalist" president will attend the swearing-in Friday of El Salvador's gang-busting leader Nayib Bukele, reelected with a large majority in February.

PAY ATTENTION: Share your outstanding story with our editors! Please reach us through info@corp.legit.ng!

Milei will travel again next month to Madrid to receive an award from a liberal think tank, before attending a G7 meeting in Italy and a peace summit convened by Ukraine's President Volodymyr Zelensky in Switzerland.

On his last three visits to the United States, Milei twice met tycoon Elon Musk, received a decoration from a Jewish orthodox community and sat down with former president Donald Trump.

Milei has slashed public spending, cut the cabinet in half, done away with tens of thousands of government jobs, suspended new public works contracts and ripped away fuel and transport subsidies since taking office.

While inflation has been slowing, it is still at nearly 290 percent year-on-year, while manufacturing output has plummeted.

Source: AFP

Authors:
AFP avatar

AFP AFP text, photo, graphic, audio or video material shall not be published, broadcast, rewritten for broadcast or publication or redistributed directly or indirectly in any medium. AFP news material may not be stored in whole or in part in a computer or otherwise except for personal and non-commercial use. AFP will not be held liable for any delays, inaccuracies, errors or omissions in any AFP news material or in transmission or delivery of all or any part thereof or for any damages whatsoever. As a newswire service, AFP does not obtain releases from subjects, individuals, groups or entities contained in its photographs, videos, graphics or quoted in its texts. Further, no clearance is obtained from the owners of any trademarks or copyrighted materials whose marks and materials are included in AFP material. Therefore you will be solely responsible for obtaining any and all necessary releases from whatever individuals and/or entities necessary for any uses of AFP material.

Online view pixel