Obama praises Argentina's swift pace of economic reforms
Source: Reuters
Politics | Wed Mar 23, 2016 1:24pm EDT
Obama praises Argentina's swift pace of economic reforms
BUENOS AIRES | BY HUGH BRONSTEIN AND JEFF MASON
President Barack Obama on Wednesday praised Argentina's new center-right leader, Mauricio Macri, for the swift pace of reforms to create a stronger economy and said Washington was ready to work more closely with Argentina after years of tension.
Obama, on a two-day visit to Argentina that marks a rapprochement in relations, said the president was setting an example to neighbors in the region.
"I'm impressed because he has moved rapidly on so many of the reforms that he promised, to create more sustainable and inclusive economic growth, to reconnect Argentina with the global economy and the world community," Obama told a joint news conference after the two leaders held talks.
In his first 100 days in office, Macri has distanced himself from South America's leftist bloc, old allies of former President Cristina Fernandez, and sought a thaw in relations with Western capitals as he seeks new investment in Latin America's No. 3 economy.
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