Milei arrives in Los Angeles to give a talk about the economy and advance a common agenda with Musk

Milei arrives in Los Angeles to give a talk about the economy and advance a common agenda with Musk
Milei arrives in Los Angeles to give a talk about the economy and advance a common agenda with Musk

Javier Milei and Elon Musk during their meeting in Texas

(From Washington, United States) Javier Milei will be 36 hours in Los Angeles to give a talk on economic convergence at the global investors conference organized by the Milken Instituterun into Elon Musk and hold a meeting with Gianni Infantino, FIFA head.

Milei will present as the main speaker tomorrow afternoon, in a day that will also have the participation of Kristalina Georgieva -Managing Director of the IMF-, Chris Dodd -Joe Biden’s main advisor for Latin America- and Ilan Goldfajn, president of the Inter-American Development Bank (IDB). The next day, Tuesday, May 7, Bill Clinton will close the global conference that has a natural leaning to the Republican party.

The entourage is small. On the official plane – which made a technical stopover in Lima in the early morning – the Secretary General of the Presidency, Karina Milei, and the Minister of Economy, Luis Caputo. And the Chief of Staff, Nicolás , and the ambassador to the United States, Gerardo Werthein, are already waiting in Los Angeles.

Milei only planned the audiences with Musk and Infantino, while Posse and Caputo define an agenda with the important investors, bankers and CEOs who will arrive at the conference organized by the Milken Institute, a classic power quote on the West Coast.

The Milken Institute’s invitation to the President occurred in January, and from the Casa Rosada They were very specific. at the time of closing Milei’s visit to Los Angeles. As happened in Davos, the head of state would speak alone and set his meetings outside the schedule of official activities. The organizers accepted these rules of the game, and that is why Milei will be tomorrow the main speaker of the conference.

Facsimile of the invitation letter from the Milken Institute to President Javier Milei

The president will hold a conference centered on the market economy and will explain how convergence benefits countries that do not have regulations imposed by the State. In this context, Milei will argue, if Argentina wants to grow to follow in the footsteps of the United States, has to open to the market and promote discovery processes that will accelerate its growth rate.

“I’m going to talk about growth economics, which has a concept called Convergence. That means that developing countries grow faster than developed countries, and sooner or later, they catch up. “That is what is called Convergence.” Milei explained. when they asked him in Government about his conference in Los Angeles.

And he added to his advisors: “So, when you open yourself to the Market Economy, when you open a process of freedom, the country You no longer have to discover technological advances, because developed countries have already discovered them. England doubled its GDP in 100 years, and the United States, in fifty years, and China in seven. This is how convergence impacts discovery processes. And that is key for Argentina.”

The official agenda distributed by the Milken Institute: in addition to Milei, the Queen of Jordan, the owner of SpaceX, the former Prime Minister of the United Kingdom, and the former Real Madrid player, among other leaders of power, industry and entertainment, participate in the conference.

In addition to presenting at the global conference, The president will hold a meeting with Musk. They will also be at the appointment Karina Milei and Gerardo Werthein, who made the necessary contacts to close this conclave in Los Angeles. Milei and Musk already met in Austin (Texas), and there was a lot of empathy among them.

The meeting It will be with an open agenda, and it is not ruled out that they talk about artificial intelligence, and probable investments in technology and mining. Musk owns a company Satellite communication -which could take off in Patagonia- and Tesla, a company that manufactures electric cars and needs lithium, very abundant in the north of the country.

MIlei will also talk with Gianni Infantino, FIFA head. The president is interested in the conception of football clubs as Joint Stock Companies (SAD), an initiative that integrates the government program. MIlei intends to move forward with this project, and the meeting with Infantino is important for his Roadmap in Argentina.

Unlike previous tours, Milei ruled out commercial flights and traveled to the United States on the presidential plane. A security issue facing the situation in the Middle East. The head of state will arrive in Buenos Aires on May 7.

 
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