Argentina’s 'anarcho capitalist' Milei meets with Sam Altman, Tim Cook and Sundar Pichai in a bid to spur investment

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Analysts say Milei's Silicon Valley tour is likely designed to position Argentina as an attractive place to invest.

On his seventh overseas trip since taking office late last year, Argentina's Milei traveled to San Francisco late Monday and has since met with OpenAI CEO Sam Altman, Google's Sundar Pichai and Apple CEO Tim Cook.

Argentina's President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024.Argentina President Javier Milei met with leaders of some of the world's largest tech companies this week, embarking on a Silicon Valley tour that analysts say is likely designed to boost his international profile and showcase the South American country.

Analysts say Milei's charm offensive is likely designed to position Argentina as an attractive place to invest, owing to the South American country's growing tech sector and"Argentina is also home to significant critical mineral resources, with the world's second largest lithium reserves as well as large copper deposits," Nicolas Saldias, senior analyst for Latin America at the Economist Intelligence Unit , told CNBC via email.

"We're not only talking about sourcing, like lithium or copper, we're talking about how these companies make decisions over where to locate their network centers and their offices and such," Machado said Thursday.

 

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