Written question asked by Lord Wigley (Plaid Cymru) on Friday, 10 May 2024, in the House of Lords. It was due for an answer on Friday, 24 May 2024. It was answered by Lord Ahmad of Wimbledon (Conservative) on Thursday, 23 May 2024 on behalf of the Foreign, Commonwealth and Development Office.

Argentina: Foreign Relations

Question: To ask His Majesty's Government what steps they are taking to improve economic ties between the UK and Argentina.

Answer: We have a growing economic and trading relationship with Argentina. Bilateral trade surpassed £2 billion in 2023 and there are over 120 UK subsidiaries operating in Argentina across various sectors including food and drink, agricultural technology, financial services and transport. The Foreign Secretary had a productive meeting with President Milei at the World Economic Forum in January and with Foreign Minister Mondino at the G20 in February. We continue to work with the Milei administration to deepen our economic relationship in areas of mutual interest, taking advantage of opportunities to increase bilateral trade and investment.

Secondary information