Argentina returning to become a regional leader: Obama

U.S. President Barack Obama has arrived in Argentina for a two-day visit, during which he will relaunch bilateral ties with the country.

(SOUNDBITE, Spanish) Mauricio Macri, President of Argentina
“This visit has a special meaning for us. We view it as a sign of affection and friendship at a time when Argentina looks to a new horizon and new changes.”

Obama’s objectives include the relaunch of commercial ties between the two countries, as well as increasing cooperation on security issues, judicial matters and drug trafficking. On Wednesday morning, the two governments signed a number of deals, concerning criminal investigations, investments, and support for the Organization of American States.

The President of the U.S. expressed his pride that Argentina was returning to its leadership position in Latin America and the rest of the world. He also vowed that the U.S. would Argentina in its projects of peace. He also praised Macri for being willing to resolve outstanding issues with vulture funds, which have been involved in a case against Argentina in New York for years. He also stated that, as Argentina regained its financial stability, foreign investments could once again be discussed. Finally, he approached the matter of the 40th anniversay of the military coup in Argentina.

(SOUNDBITE, Spanish) Barack Obama, U.S. President
“I have told the president and his team that the United States stands ready to work with Argentina during this historic transition in any way that we can.”

On Thursday, Obama and Macri will pay their respects to the victims of the last military dictatorship (1976-1983) at the Remembrance Park in Buenos Aires. After that, he will travel to the city of Bariloche in Patagonia, to relax with his wife Michelle and their two daughters.

This means the U.S. president will avoid being in Buenos Aires during a series of protests against the support provided to the U.S. to the military coup against Argentina’s elected government.

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