In parallel, both countries will seek to identify projects to expand and rehabilitate railway, port, and river infrastructure to allow for a greater amount of production to be transported to international markets.
The plan will connect Vaca Muerta and the mining provinces with the Atlantic ports through strategic infrastructure
In parallel, both countries will seek to identify projects to expand and rehabilitate railway, port, and river infrastructure to allow for a greater amount of production to be transported to international markets.
The main financial announcement is related to Argentina LNG, the megaproject led by YPF together with the Italian company Eni and XRG from the United Arab Emirates. The Export-Import Bank of the United States presented a preliminary proposal of up to USD 6 billion, although the financing will still need final approval from its board.
The overall scheme will also be supported by U.S. agencies such as DFC, EXIM, and the U.S. Trade and Development Agency (USTDA), in addition to private sector investments.
The U.S. ambassador to Argentina, Peter Lamelas, emphasized the understanding and stated that the initiative will connect the Argentine productive matrix with Western markets through investments from the United States.
The Andes-Atlantic Corridor has also been incorporated into the G7 Association for Infrastructure and Global Investment, and is part of a U.S. strategy that already includes similar projects in other regions of the world, such as the Lobito corridors in Africa, Luzon in the Philippines, and the India-Middle East-Europe axis.
Cooperation will have a new instance in October, when Landau and a delegation of U.S. officials will travel to Argentina to hold meetings with public and private representatives and identify new investment opportunities.
The government of Javier Milei and the administration of Donald Trump announced on Wednesday the launch of the Andes-Atlantic Corridor, a joint initiative aimed at modernizing the infrastructure that connects the main productive hubs of Argentina with the Atlantic ports and international markets.
The project includes U.S. financing tools of up to USD 7 billion by 2027 and primarily targets strategic sectors such as energy, mining, transportation, and digital infrastructure.
The announcement was made in New York during the High-Level Week of the United Nations General Assembly, and was led by Foreign Minister Pablo Quirno and U.S. Under Secretary of State Christopher Landau.
According to the joint statement released by both governments, the corridor will channel public and private investments towards railways, waterways, ports, pipelines, electricity generation and transmission, and technological infrastructure.
One of the central focuses will be Vaca Muerta, where Washington will seek to facilitate investments, technology, and financial tools to expand oil and gas development. The United States could intervene through direct loans, guarantees, insurance, and other instruments aimed at mobilizing capital and suppliers.
The mining chapter will be linked to the Framework Agreement on Critical Minerals between Argentina and the United States, focusing on resources such as lithium and copper and on diversifying international supply chains.