Argentina's welcome for Obama showcases warming relations
| Buenos Aires
President Barack Obama arrived here today amid signs that his newly elected Argentine counterpart, Mauricio Macri, is working hard to repair long-strained bilateral ties that reached a nadir a year ago.
Mr. Macri's predecessor, Cristina Fern谩ndez de Kirchner, took a hard line against US investors holding Argentine debt, accusing them of trying to destabilize her administration. Ms. Kirchner, a left-leaning populist, also called out Washington for its past support of dictatorships in Latin America.
By contrast, Obama, the first US president to visit in nearly two decades, will hear a different tune. Since taking office in December, pro-business Macri has shifted Argentina towards the political center. He鈥檚 sent his security minister to Washington to meet with the Drug Enforcement Agency and revived bilateral cooperation on investigating financial crimes. Officials say Macri wants to improve the country鈥檚 standing with the West and to attract foreign investment to a sputtering economy.聽
Argentines appear to be on board with the shift: repairing ties with the US could help tackle issues like drugs trafficking and high inflation. But there is also resistance to a pendulum swing from anti-US left to pro-US right that goes too far.聽
鈥淭here needs to be a diagonal approach,鈥澛爏ays former Foreign Minister Adalberto Rodr铆guez Giavarini.聽鈥淚t鈥檚 not about accepting without protest the wishes of the other side. You have to work in the national interest, too.鈥�
'Shutting the door?'
Many here remain suspicious of US meddling in Latin America. In the 1990s, former President Carlos Menem fostered close ties with the US and liberalized a statist economy before a financial crisis in 2002 that plunged millions of Argentines into poverty. The crisis scarred Argentines on the benefits of aligning with the US and taking its economic advice. Kirchner distanced Argentina from the US and pushed back against the 鈥渋mperialist North.鈥澛�
In his first 100 days in office, Macri moved quickly to settle the debt dispute with US investors, pending Argentine congressional approval. He also eased trade restrictions and scrapped currency controls. Hundreds of US business leaders are following Obama to attend a conference organized by the American Chamber of Commerce in Argentina.聽
Obama is due to meet with Macri聽on Wednesday聽morning before he speaks to young people at a cultural center and attends a state dinner.聽On Thursday, he will honor victims of Argentina鈥檚 1976-83 dictatorship before flying with his family to Bariloche, a tourist city in Patagonia.聽
鈥淚t seems brilliant to me that [Obama] is coming here,鈥� says Imelda Paz, a retired businesswoman in Buenos Aires. 鈥淲hat good is it shutting the door?鈥�
But some Argentines feel there鈥檚 a way to keep the door open without sacrificing too much to the US.聽鈥淲e shouldn鈥檛 isolate ourselves completely,鈥� says Luis Rodr铆guez, who studies business management at a university here. 鈥淏ut neither should we reach the point where the country is conditioned by foreign interests.鈥�
The government says it sees a path between the Menem era and the antagonism of the administrations of Kirchner and her husband, N茅stor Kirchner, who preceded her.
鈥榃e are all Americans鈥�
In Cuba聽Tuesday, Obama sought to move the region away from historical ideological struggles, saying "we are all Americans." Still, Argentines like Mr. Rodr铆guez are wary, particularly of regional free-trade agreements, saying they could threaten national industries and jobs, an echo of the anti-trade views expressed by US presidential candidates.
That was the same pushback George W. Bush received in 2005 when he sought to revive talks over a proposed Americas free-trade zone at a regional summit in Argentina.聽Susana Malcorra, Argentina鈥檚 foreign minister, hinted recently that Argentina may eventually push for a trade pact between Mercosur, a South American economic bloc, and the US.
鈥淎rgentina needs to start growing again,鈥澛爏ays Dr. Leandro Morgenfeld, a historian at the University of Buenos Aires who studies US-Argentine relations. 鈥淭he government is shifting the ideology of its foreign policy so that investments flow in," he says.
"But, in many respects, it feels like we are headed toward a relationship of subordination.鈥�
