President  Fernández travels to Europe in search of investments

The president of Argentina, Alberto Fernández, will travel to Spain from this Monday as part of a five-day European tour in which he aspires to find investments and new markets for Argentine production, as the head of state himself had advanced for several days. .

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The Argentine president’s trip takes place in the midst of the context marked by the escalation of the conflict between Russia and Ukraine. In Spain and Germany, he will meet with the presidents Pedro Sánchez and Olaf Scholz, as well as meetings with local businessmen are planned. The first stop will be in Madrid, on Wednesday and Thursday it will be in Berlin and a confirmation from the Emmanuel Macron administration was expected to make a final stop in Paris.

The Casa Rosada had advanced that the fundamental purpose of Fernández’s journey is to “position Argentina as a supplier of food and energy”, two sectors whose offer is in the sights of all European countries in the midst of the war.



Over the past week, the G7 countries – France, Germany, Canada, Italy, Japan, Great Britain and the United States – pledged to “prohibit or phase out imports of Russian oil.” The European Union also announced a similar proposal. for the new package of anti-Russian sanctions.This scenario also opens the door to other hydrocarbon suppliers.

The Argentine president is accompanied by the ministers: Santiago Cafiero, of Foreign Relations; Martín Guzmán, from Economy; Matías Kulfas, from Productive Development. The Secretary of International Economic Relations, Cecilia Todesca, the Secretary General of the Presidency Julio Vitobello and the Spokesperson Gabriela Cerruti would also be part of the delegation.

Another objective of the tour will be to attract investment. Within this framework, there will be meetings with companies from strategic sectors such as the knowledge economy, mining and renewable energies.

At the beginning of the year, Argentina achieved a restructuring of its debt with the IMF, which President Fernández has as an element in his favor, according to Casa Rosada.

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