Argentine business groups back Milei’s Malvinas sovereignty claim

Argentina’s leading business organizations have rallied behind Javier Milei’s latest push over the country’s sovereignty claim to the Falkland Islands. The Argentine Industrial Union, the Argentine Chamber of Commerce and Services, the Inter-American Council of Commerce and Production, the Argentine Chamber of Construction and the Rural Society issued statements supporting the government’s position.

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More important than inflation falling is that there be a recovery and that the economy grow not at 3% but at 8%.

The three largest oilfield-services companies in the world, SLB, Baker Hughes and Halliburton, also announced that they would not take part in hydrocarbon projects in the Falkland Islands. Their decisions followed Milei’s announcements on the sovereignty dispute.

The government’s rolling Sunday update also featured former Economy Minister Domingo Cavallo, who said that reducing inflation was less important than restarting the economy and achieving growth of 8% rather than 3%. Cavallo again urged the government to lift currency controls and open the foreign-exchange market to stimulate activity and reduce risks ahead of the 2027 elections. He said Milei needed to recreate the hope of improving families’ quality of life, as he had done in 2023.

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Milei has to recreate the hope of improving families’ quality of life as he did in 2023.

Opposition lawmaker Maximiliano Ferraro said he would continue pursuing measures to establish the truth in the $LIBRA cryptocurrency investigation. Ferraro and lawmaker Mónica Frade sought to join the case as private complainants and asked prosecutors to summon Nadia Beller, the former partner of Fernando Cerimedo.

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We know it is a path full of obstacles, but we will not stop doing what we must do. We will continue promoting all the necessary measures so that the truth becomes known, so that the prosecutor stops shelving the case and so that no one can guarantee themselves impunity from power.

Ferraro said Beller had repeatedly claimed that Cerimedo told her the presidential circle collected money. He said the claim matched his original complaint and the investigation led by prosecutor Taiano, while criticizing what he called delays in the case and promising to continue pressing for accountability.

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Sovereignty over the Falkland Islands constitutes a national, permanent and non-negotiable cause that stands above political differences and must unite all Argentines.