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2025-12-03 13:18:07
[US Treasury Secretary's Cancellation of Argentine Visit Sparks Market Concerns; Argentina's External Financing Risks Under Scrutiny] 1. US Treasury Secretary Bessenter decided on December 2nd to indefinitely cancel his planned visit to Argentina earlier this month, sparking speculation within Argentina about bilateral relations. Previously, Argentine President Milley announced on November 28th the postponement of his planned trip to the US on December 5th, which included attending the 2026 World Cup draw ceremony in Washington and meeting with US President Trump. 2. Argentina's *El Financiero* newspaper reported that this change in diplomatic interaction has raised concerns about bilateral relations. Analysts believe that Argentina faces nearly $5 billion in debt maturing in January 2026 and urgently needs external financing to replenish its foreign exchange reserves. The cancellation of the Finance Minister's planned visit highlights the potential risks of the Argentine government's diplomatic and economic dependence on the US. This development may affect market expectations regarding Argentina's debt repayment capacity and foreign exchange stability.
