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๐Ÿ‡ต๐Ÿ‡พ Paraguay /Economy & Trade

Tajani Begins Latin American Tour in Buenos Aires to Strengthen Economic Ties

From ABC Color · () Spanish

Translated from Spanish and summarized by DistantNews. Read the original for the full story.

At a glance

Newswire From a news agency Ongoing story
  • Italian Foreign Minister Antonio Tajani began a Latin American tour in Buenos Aires, where he is scheduled to meet Argentine President Javier Milei and Foreign Minister Pablo Quirno.
  • Tajani is leading Confindustria and a delegation of more than 100 companies focused on sectors including food, pharmaceuticals, energy, infrastructure, machinery and digital technologies.
  • The tour will continue in Sรฃo Paulo and forms part of Italyโ€™s โ€œgrowth diplomacyโ€ strategy and its expectations for an EU-Mercosur trade agreement.

Antonio Tajani arrived in Buenos Aires with a delegation of more than 100 companies, opening an Italian mission aimed at strengthening economic ties across Latin America. The Italian foreign minister will meet Argentine President Javier Milei and Foreign Minister Pablo Quirno before taking the mission to Brazil.

The Buenos Aires meetings will focus on reinforcing the strategic partnership between Italy and Argentina and implementing the Italy-Argentina Action Plan for 2025-2030. The bilateral roadmap is intended to deepen cooperation between the two countries.

A business forum will also seek to expand trade, investment and industrial cooperation between companies in Argentina and Italy. Italyโ€™s delegation includes Confindustria, the countryโ€™s main business organization, as well as Education and Merit Minister Giuseppe Valditara. Areas of particular interest include agrifood, pharmaceuticals, energy, sustainable infrastructure, machinery, digital services and new technologies.

The Italian government cited Eurostat data showing that trade in goods between the European Union and the South American bloc reached 21.79 billion euros in May and June 2026, up 19% from the same period in 2025. Trade between Italy and Mercosur countries rose 51% between 2019 and 2025 and reached nearly 8 billion euros in the first half of 2026.

Tajaniโ€™s trip is part of Italyโ€™s โ€œgrowth diplomacyโ€ strategy and reflects the opportunities Rome expects from an EU-Mercosur trade agreement. After Argentina, the minister will travel to Brazil, where the mission will hold meetings with government officials and the Brazilian business sector.

About this summary

Originally published by ABC Color in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.