I. Argentina is recognized as a country with significant natural resources; however, it is also important to highlight that it has a highly qualified population and is endowed with a well-established industrial and technological base. In a global context that is in motion and undergoing redefinition, these characteristics are being strengthened and gaining value.

The global value chains that shaped the world trade system in recent decades have been called into question, given the evidence that unexpected health conditions or geopolitical conflicts structurally affected their operational logic.

In this context, Argentina is called to play a decisive role as the holder of fundamental resources for addressing global challenges in both food and energy security, and, in doing so, to promote the development of its society.

Based on its endowment of natural resources and the human capacities to transform them, we are convinced that Argentina can increase and solidify its integration into global value chains. This process assigns a fundamental role to foreign direct investment (FDI), encouraging it not to be allocated solely to the exploitation of natural resources, but also to contribute to the development of local productive capacities and value-adding linkages that generate both the quantity and quality of employment necessary to ensure sustained growth.

Argentina has a vast territory, 53% of which is arable land, and is a leading exporter of a wide variety of agricultural and food products to highly competitive markets such as the United States, Canada, Europe, China, and Japan. It also has highly relevant mining and hydrocarbon areas with remarkable growth potential. Likewise, Argentina has a solid industrial base with developments in highly complex and dynamic sectors such as steel tube manufacturing, agricultural machinery, medical equipment, biotechnology, the automotive industry, and knowledge-based services, among others.

Furthermore, Argentina possesses highly qualified human resources, an extensive network of scientific research centers, and universities well-positioned in international rankings, with more than 110,000 university graduates per year, in addition to being the top country in Latin America regarding English proficiency.

Similarly, Argentina offers vast infrastructure enabling a federal production network, with ports and access/exit points for goods in various locations across the country.

II. From the earliest days of the current government administration, a path was initiated to create favorable conditions for attracting and facilitating investments that drive Argentine economic growth. This intention was promptly expressed through Decree 70 of December 2023, aimed at eliminating commercial barriers and restrictions, reducing the weight of regulations, and establishing conditions that ensure business profitability.

The economic program of President Milei’s government is based on a pro-market agenda that has stabilized the foreign exchange market, reduced inflation, guaranteed legal security for investors, generated a climate favorable to private initiative, and promoted transparent and predictable rules for companies choosing to invest in Argentina.

This direction was reaffirmed and expanded—with special emphasis on encouraging investment in dynamic and strategic sectors that drive the national economy—through the establishment of the “Investment Incentive Regime for Large-Scale Projects” (RIGI), approved by the National Congress through Law No. 27,742 in July 2024 and regulated by Decree No. 749 in August 2024.

This regime, in effect until July of this year and extendable for an additional year (until 08/07/2027), is aimed at projects involving investments of more than USD 200 million. Its objective is to create conditions of predictability, stability, and legal certainty for such projects, foreseeing the development of local production chains and establishing special protection in the event of potential non-compliance by the State. In this way, the RIGI provides tax, customs, foreign-exchange, regulatory, and jurisdictional incentives, as well as regulatory stability for thirty years, to projects in eight strategic sectors: the forestry industry, tourism, infrastructure, mining, technology, steelmaking, energy, and oil and gas. The benefits provided under the RIGI increase and extend up to 40 years for those projects involving investments exceeding USD 2 billion.

III. With the objective of attracting productive and high-quality Foreign Direct Investment (FDI) to Argentina, the Consulate General of the Argentine Republic in Vancouver and the Argentine Foreign Ministry:

• Work with Argentine COMPANIES and STARTUPS;
• Assist FOREIGN INVESTORS seeking opportunities in Argentina;
• Organize investment seminars and meetings with senior executives;
• Coordinate agendas for their business visits to Argentina;
• Disseminate INFORMATION on:
  1. Expressions of interest in investing in Argentina received by our embassies and consulates abroad;
  2. National, provincial, and municipal incentives to attract investment to Argentina;
  3. iii) Current conditions, key actors, and dynamics affecting the region and the country in terms of FDI.
• Assist PROVINCES, MUNICIPALITIES, AND SECTORAL CHAMBERS in formulating their investment-attraction strategies.

IV. Below you will find two files summarizing incentives for large-scale investments (RIGI) and for the mining sector specifically.