The Minister of the Economy held a working meeting with accredited ambassadors in the Group of Seven (G7) countries with the aim of building business between Argentina and the world’s major industrial economies.
Ambassadors Ulrich Sante (Germany), Reid Douglas Sirrs (Canada), Marc Stanley (United States), Claudia Scherer-Effosse (France), Fabricio Lucentini (Italy), Takahiro Nakamae (Japan), Kirsty Hayes (United Kingdom) participated in the meeting. ) and Amador Sanchez Rico (European Union). Minister Massa at the working meeting was accompanied by his IR adviser, diplomat Gustavo Martínez Pandiani.
During the meeting, Minister Massa reviewed with the ambassadors the economic roadmap that Argentina has drawn up for the coming years, the main steps announced by the economic team to stabilize the macro economy and improve the business climate, as well as the investment opportunities presented by the country in the strategy. strategic. sector within the framework of the current global context.
Regarding this last point, Massa emphasized that “our country is in a position to become an international decisive actor based on increasing production and exports of energy, protein, agri-food, critical minerals, and human resources.” For this, he points out, “support from global partners investing in Argentina’s real economy with the aim of increasing the supply of these essential goods, adding value to exports and supplying global markets is very important.”
They also followed up on the main results and announcements of the leaders’ summit in Munich, where Minister Massa participated as a member of the Argentine delegation.
In this regard, they highlighted Argentina’s role at the meeting as a representative of CELAC, as well as the importance of “advancing coordinated solutions to ensure food and energy security, the building of a new, more equitable international financial order, and the initiatives promoted by leaders to reduce the global investment gap”.
The G-7 was formed in 1975 as an informal forum that brings together the major industrialized countries, with greater political and economic weight on a global scale.. Its members represent about 10% of the global population, more than 45% of gross product, one-third of the world’s exports and imports of goods and services, almost half of the stock of foreign direct investment, more than 40% of contributions to the IMF and World Bank and have an average Average GDP per capita is close to USD 50,000. During 2022 Germany will hold the presidency, while next year it will be Japan in charge of leading the group.
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