Buenos Aires Times

economy BUSY SCHEDULE AHEAD

Macri meets Merkel in Davos ahead of World Economic Forum

Merkel has been one of Macri's strongest supporters as his government tries to encourage foreign investment in Argentina. But German companies have so far largely stayed away.

Wednesday 24 January, 2018
Argentina's President Mauricio Macri and German Chancellor Angela Merkel in Davos, Switzerland.
Argentina's President Mauricio Macri and German Chancellor Angela Merkel in Davos, Switzerland. Foto:Télam

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President Mauricio Macri welcomed German Chancellor Angela Merkel to his country’s headquarters at the World Economic Forum in Davos on Wednesday.

The 15-minute visit was an “extraordinary gesture” on the part of the Merkel, Argentina’s Foreign Minister Jorge told reporters.

Merkel, who visited Argentina in 2017, has long expressed interest in possible future investment in Argentina. However, she also warned Argentines themselves would first have to trust in the country’s potential before German companies make good on their eagerness to invest.

“The meeting served to forge agreement about the themes of the G20 (which Argentina will preside throughout 2018), as well as negotiations between the Mercosur and the European Unions, the inclusion of Argentine in the OECD and about bilateral relations and the presence of German companies in the country (Argentina)”, Faurie said.

BUSY SCHEDULE

Macri has a busy schedule in Davos. Among the business leaders he will meet are CEO of British Petroleum Bob Dudley and representatives of Temasek International (investment), Total (petroleum and energy), Cargill (agro-chemicals), Coca Cola (beverages), Facebook, Siemens, and Lloyd’s (insurance).

He will also hold talks with Canadian Prime Minister Justin Trudeau, Queen Maxima of Holland, Dutch Prime Minister Mark Rutte, and Swiss President Alain Berset.

-TIMES

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