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US, Argentina Sign Trade and Investment Framework Agreement

[ April 1, 2016   //   ]

U.S. Ambassador to Argentina Noah Mamet and Argentina’s Minister of Foreign Affairs Susana Malcorra signed a bilateral Trade and Investment Framework Agreement (TIFA) during President Obama’s official visit to Argentina in March. Negotiated by officials of the Office of the U.S. Trade Representative (USTR) and Argentina’s Ministry of Foreign Affairs, this agreement demonstrates the interest of both governments in advancing bilateral trade and investment ties and in working together in the spirit of friendship and cooperation.

Ambassador Mike Froman stated: “Today’s agreement provides a vehicle for strengthening U.S.-Argentina trade and investment relations at an important time. It reflects President Obama’s strong interest in improved bilateral relations with one of the most important economies in the Western Hemisphere and to promoting increased economic opportunities between us.”

According to USTR, two-way trade in goods and services between the United States and Argentina reached approximately $23 billion in 2014 (latest data available). The United States had a $5.4 billion goods trade surplus with Argentina in 2015.
Two-way trade in goods and services between the United States and Argentina reached approximately $23 billion in 2014 (latest data available). The United States had a $5.4 billion

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