[ad_1]
More than 200 companies from 14 countries allied with the United States will attend a virtual meeting this Friday with representatives from five Argentine provinces to reach a consensus Analyze possible investments in new energy and mining industries Large Investment Incentive System (RIGI) The delegation was led by the U.S. Under Secretary of State for Economic Development, Energy and the Environment. Jose FernandezHe arrived in the country to “deepen” relations with Argentina and try to offset China’s influence in the sector.
“We signed a Agreement with Cancille (Diana) Mondino Deepen this relationship Tomorrow (Friday) we will hold a meeting via video with representatives from 5 provinces with important minerals and more than 200 international companies interested in investing in Argentina. “Fernández confirmed in an interview with the media at the United Nations headquarters and the embassies of various countries in the country.
Industrialists ask govt to create RIGI for SMEs
Dictators don’t like this.
Professional and critical journalism practice is a fundamental pillar of democracy. That is why it troubles those who think they are in possession of the truth.
The officer Biden AdministrationHe arrived in the country on Thursday and will stay until Saturday, he said Countries allied with the United States and participating in the Mineral Security Partnership (MSP) have “multiple investment projects” They are about to announce in Argentina”, pointing to critical minerals, considering the future of global demand for the production of green and renewable energy. Among the inputs are lithium, copper, magnesium and cobalt, and some local provinces have the capacity to mine them. Therefore, a powerful lobby is activated to settle in mining areas that will have the least conflicts with local communities.
More than 200 enterprises in five provinces
They will participate in the game during the meeting Representatives of Jujuy, Catamarca, Mendoza, Salta and San Juan, As PROFILE has learned. These governors have rushed to increase the number of members of RIGI with the aim of obtaining large investments in the most dynamic sectors on which the government of Javier Milei is betting. In the United States, they have avoided diving into the political climate of the country, given the divisions among provincial leaders who have resisted joining the regime, but in reality none of the wayward provinces have emerged, such as in the case of La Rioja, whose governor, Ricardo Quintela, faces Casa Rosada.
“One company I heard today (Thursday) said that it very much agrees with RIGI and made its (investment) decision based on that,” said Fernández. The US official, who had previously met with Foreign Minister Diana Mondino and Chief of General Staff Guillermo Francos, went further and expressed strong support for the liberal government: “We support this government’s efforts to stabilize the economywith the goal of minimizing social costs.”
The official mission of the visit was to sign a memorandum of understanding to strengthen cooperation in the field of critical minerals “as part of the energy security dialogue between the United States and Argentina,” according to a press release from the Department of State of the North American country. The agreement “reflects the desire of our two governments to strengthen cooperation” critical minerals supply chain and promote trade and investment in exploration,” he noted.
China warns: They worry about monopoly of key minerals
However, the plan does not seek to focus on supporting the Milley administration, but is part of the trade war strategy of the United States and its allies against China. The Asian giant’s progress in mining development in Argentina has made some countries wary. They are concerned about the monopoly of renewable energy in the world’s power generation center. “We support this with concrete facts,” Fernandez said.
“We are not advocating cutting off trade relations with China. In fact, there is a very important relationship with the United States. But We ask them to compete by the same rules: no stealing of intellectual property; meet the same transparency requirements and compliance with labor and environmental legislation as other countries; enable our companies to compete on an equal footing within China, where many are state-owned or state-subsidized; and that they do not exploit their dominant position,” Biden administration officials warned.
The plan followed is Apply environmental conditions “Respect for the needs of the local community and job creation.”
“We’re not saying that our company has adopted all good practices; But as a group of countries we advocate for this,” Fernandez clarified. “If they don’t comply, their mines will always be blocked,” he told PERFIL.
[ad_2]
Source link
