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Latin Times
Latin Times
Politics
Miguel Paiva

Washington Bets $20 Billion on Milei: Inside the U.S.-Argentina Pact Reshaping Latin America

Argentina's Foreign Minister Pablo Quirno (L) shakes hands with US Deputy Secretary of State Christopher Landau during a press conference at San Martin palace in Buenos Aires on October 22, 2026. (Credit: Photo by Luis ROBAYO / AFP via Getty Images)

The Briefing:

  • U.S. Deputy Secretary of State Christopher Landau declared Argentina the most closely aligned government on earth with Washington, capping a two-day visit to Buenos Aires with $20 billion in investment pledges, a counter-narcotics package, a child-protection accord, and a $15 million cybersecurity grant.
  • The security package totals $13.35 million for anti-narcotics cooperation ($7.5 million directed at Argentine programs), a $10 million child-trafficking pact co-signed by Justice Minister Juan Bautista Mahiques, and a separate $15 million commitment for a National Cybersecurity Operations Center.
  • Vice President JD Vance's November visit to Argentina is confirmed — it will mark the first appearance of a sitting U.S. vice president in the country since Mike Pence's April 2017 trip under President Mauricio Macri.
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