Why is Argentina getting $400 million in aid?
SANTA CRUZ, Argentina — As the country of Argentina, the poorest nation in the Americas, celebrates its 70th anniversary this week, the country’s leaders are looking to the United States for more than $400 billion in aid.
The Argentine government has been working hard to help the country recover from the devastating earthquake and tsunami that struck in 2011.
It has also been working to help Argentina rebuild its economy and revive the military after the end of the Cold War, which began with the collapse of the Soviet Union in 1991.
But the new aid, announced Friday, is more than just cash to help get the country back on its feet.
It’s also a signal of the importance that the U.S. holds in Argentina, which has been hit hard by the global economic downturn.
President Mauricio Macri of Argentina said Friday that Argentina will receive $400,000 in aid, the most for any country.
He called it a “golden moment” in the countrys recovery.
Argentina has received $9.5 billion in U.N. relief, mostly from the United Nations and other international organizations, and has been on the receiving end of $2 billion in food aid, $2.4 billion in energy assistance, and $2 million in military aid.
Macri said he expects to receive more money from the U!
and the European Union this year.
“In the last year we have been on a path of recovery, a path that is very much in line with our goals, our objectives,” he said.
Macri is expected to speak with U.K. Prime Minister Boris Johnson, French President Emmanuel Macron, German Chancellor Angela Merkel, and Canadian Prime Minister Justin Trudeau on Monday.”
But the world has changed and the world is more connected, and this is an opportunity to use this opportunity to do what we can do to restore our country and to support Argentina.”
Macri is expected to speak with U.K. Prime Minister Boris Johnson, French President Emmanuel Macron, German Chancellor Angela Merkel, and Canadian Prime Minister Justin Trudeau on Monday.
Macris has also promised to use the money to build a new airport in Buenos Aires.
The announcement comes on the heels of President Donald Trump’s announcement Friday that he is withdrawing the U .
S. from the Trans-Pacific Partnership, the regional trade pact between the United State and 11 other countries, and is pulling the U !
out of the Transatlantic Trade and Investment Partnership, which is the largest free trade deal in the world.
Trump also said he would withdraw from the World Trade Organization, which covers 90% of the world’s economy, and called the Trans Pacific Partnership “a total disaster.”
Trump has said he plans to continue his trade policies and his approach to immigration.