American presidents are Donald J. Trumpand from Argentina, Javier Millayannounced the establishment of Framework for mutual trade and investment agreementsAiming for Strengthen bilateral economic relations, encourage market opening and promote cooperation in strategic areas.
The agreement requires Establish clear, stable, rules-based conditions for trade and investment This is supported by the reforms Argentina has already undertaken to modernize its economy. This initiative considers: Customs benefits, opening of agricultural and industrial markets, common regulatory standards, intellectual property protection and cooperation. in areas such as work, the environment, and digital commerce.
Among the main points, what Argentina has to offer stands out. Priority access to U.S. products such as pharmaceuticals, machinery, information technology, and agricultural products. In turn, the United States Eliminate tariffs on certain natural resources and unpatented medicines in Argentina.will consider the impact of the agreement when applying trade measures related to national security.
Javier Millay officials celebrate agreement with US: ‘Argentina returns to the world’
One of the first ruling party leaders to explicitly support signing the agreement was the Speaker of the House of Representatives, Martin Menem. “Argentina will return to the world with strength” He attached an image of the cover of the document and titled it:Joint Statement on the Framework for a Mutual Trade and Investment Agreement between the United States and Argentina.
Pablo Kirno, former finance secretary and current prime minister, also emphasized its novelty. ”“I am honored and honored to announce today that Argentina and the United States have signed a framework agreement on mutual trade and investment,” he said on X’s official account.
And he added: “This agreement creates conditions for increased U.S. investment in Argentina.” This includes lower tariffs on key industries, increasing bilateral trade between the two countries. ”
In closing, he emphasized, “I would like to give special praise to the teams at the Ministry of Foreign Affairs, the Ministry of Economy and the Ministry of Deregulation, who have worked constructively and diligently for many months to achieve this goal, and I would like to thank President Millais.” We thank you for your continued support and confidence in achieving this Agreement and our U.S. counterparts. Led by Jamison Grier And the team.”
Manuel Adorni, now chief of staff, also reacted when he learned of the deal. “Comprehensive Trade Agreement with the United States: Lower tariffs, wider markets, and more freedom. God bless the Republic of Argentina. It’s over,” he wrote.
Highlights of tariffs, intellectual property, and trade agreements
The agreement in question includes the following changes: Pharmaceuticals, chemicals, medical devices, technology, motorcycles, Among other things.
duty
Countries will open their markets to each other for major products. Argentina will provide preferential market access for exports of U.S. products, including certain items. Pharmaceuticals, chemicals, machinery, IT products, medical equipment, automobiles, and a wide range of agricultural products.
Recognizing Argentina’s ambitious reform agenda and trade commitments, and given Argentina’s compliance with relevant economic and supply chain security requirements, the United States will eliminate reciprocal tariffs on certain unobtainable natural resources and unpatented items used for pharmaceutical applications.
Additionally, the United States may proactively consider the national security implications of an agreement, including considering the agreement when adopting trade measures under Section 232 of the Trade Expansion Act of 1962, as amended (19 USC 1862). Similarly, countries have committed to improving mutual conditions for bilateral market access in beef trade.
Elimination of non-tariff barriers
Argentina eliminated many non-tariff barriers that had limited access to its market, including import permits, ensuring a more level playing field for international trade, and the agreement promised that exports from the United States to Argentina would no longer require consular processing. Argentina also plans to phase out statistical taxes on U.S. products.
Standards and conformity assessment
Argentina is trying to align with international standards in various areas to facilitate trade. Argentina will continue to eliminate non-tariff barriers affecting trade in priority sectors by allowing U.S. products that comply with applicable U.S. or international standards, U.S. technical regulations, or U.S. or international conformity assessment procedures to be imported into Argentina without additional conformity assessment requirements. Argentina will accept imports of vehicles manufactured in the United States in accordance with U.S. federal motor vehicle safety and emissions standards, as well as certificates and prior marketing authorizations for medical devices and pharmaceuticals from the U.S. Food and Drug Administration (FDA).
intellectual property
Argentina has taken action against an important and notorious regional market for counterfeit goods and will continue to strengthen its crackdown on counterfeit and pirated goods, including in the online environment. Argentina is also working to align its intellectual property system with international standards, while addressing the structural challenges raised in the Office of the United States Trade Representative’s 2025 Special 301 Report, including patentability standards, delays in patent granting, and geographical indications.
Access to agricultural markets
Argentina has committed to opening its markets to U.S. live livestock, allowing market access for U.S. poultry within one year, and agreed not to restrict market access for products that use certain cheese or meat terms. Argentina will simplify product registration procedures for U.S. beef, beef products, beef offal, and pork products, and will exempt U.S. dairy products from import facility registration. The United States and Argentina intend to work together to address non-tariff barriers affecting trade in food and agricultural products.
work
Argentina reaffirmed its commitment to protecting internationally recognized workers’ rights. Additionally, Argentina will adopt and implement a ban on the import of goods produced using forced labor and strengthen enforcement of labor laws.
environment
Argentina has pledged to take steps to further combat illegal logging. Promote a more resource-efficient economy, including in the critical mineral sector. We fully comply with our obligations under the World Trade Organization (WTO) Agreement on Fisheries Subsidies.
Cooperation in economic security
Argentina will strengthen cooperation with the United States to combat other countries’ non-market-based policies and practices. The two countries are also working to identify tools to coordinate approaches on export controls, investment security, tariff avoidance, and other important issues.
Business considerations and opportunities
Argentina and the United States will work together to promote investment and trade in critical minerals. The two countries also agreed to work to stabilize global soybean trade.
Facing state-owned enterprises and subsidies
Argentina is committed to addressing potential distortive practices by state-owned enterprises and addressing industrial subsidies that may impact bilateral trade relations.
digital commerce
Argentina is committed to facilitating digital commerce with the United States by recognizing the United States as the appropriate jurisdiction under Argentine law for cross-border transfers of data, including personal data. Non-discrimination against U.S. digital services and products. Argentina also intends to recognize electronic signatures that are valid under U.S. law under Argentine law.
The complete agreement can be read at the following link: www.whitehouse.gov
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