U.S. Vice President Joe Biden has become the latest foreign leader to praise Argentina’s new president Mauricio Macri. While giving a speech at the Development Bank of Latin America (CAF) annual conference in Washington, D.C, earlier today, Biden talked about Argentina as one of the countries that provide optimism in a region that is facing many challenges.
“We’re also seeing positive momentum in Argentina, with a president, a new president by the way, [who] has paved a reform agenda and a way for Argentina to return to the international financial community,” Biden said in reference to Macri’s move to seal a deal with the holdout funds shortly after taking office in December.
Biden went on to say that this shift in policies in Argentina was already bearing fruit.
“The reinvigorated partnership between Argentina and United States has already opened doors to improved security, increase trade and investment, strengthen energy sector cooperation between both our nations,” the vice president added. “So this is a critical moment for the region, a crossroads marked by opportunities and real challenges.”
Biden also spoke about Brazil, noting that Washington was eager to work with newly sworn-in president Michel Temer, adding that Dilma Rousseff was impeached “abiding by established procedures.” Regardless of who is in power, “Brazil is and will remain on the United States’ closest partners in the region.”
Biden becomes the latest world leader to speak well of Macri, who got heaps of praise from world leaders at the G20 Summit in China last week. Leaders from several countries, including the United States, Spain and China all had great things to say about the reforms Macri has instituted since taking office.