President Javier Milei said this Thursday that the country currently has an openness coefficient of 30% and that he will seek to "bring it to 90%," in his first message after the release of the October inflation figure of 2.2%.
"We must expand that market size to boost increasing returns and accelerate the growth of the economy; that is what we are doing from the Ministry of Deregulation, removing regulations, and from the Ministry of Human Capital, another of the great sources of economic growth," Milei explained.
The president attended the Endeavor Argentina 2026 Gala in the evening, held at Rut Haus in the city of Buenos Aires.
"When we came into government, we reached less than 10% of the world's population. Today we have opened more than 500 markets and we reach 30%. We are working hard and our goal is to reach 90% of the planet by 2031. Argentina has an openness coefficient of 30% and it should have one of 90%," the president projected.
In his message to the business leaders, Milei said: "You, as Argentine entrepreneurs, have already proven the hardest part. You built amid currency controls, inflation, and rules that change every day, when anyone else would have stood still without investing time or capital."
"Today the wind is blowing in your favor, and what lies ahead of you is an opportunity that comes once in a generation," the president emphasized.
He also said that the "work" of the Go…
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President Javier Milei stated this Thursday that the country currently has an openness coefficient of 30% and that he will seek to "bring it to 90%," in his first message after the release of the October inflation figure of 2.2%. "We must expand that market size to boost increasing returns and accelerate the growth of the economy; that is what we are doing from the Ministry of Deregulation, removing regulations, and from the Ministry of Human Capital, another of the great sources of economic growth," Milei detailed. The president took part in the evening in the Endeavor Argentina 2026 Gala, at Rut Haus in the city of Buenos Aires. Javier Milei at the Endeavor Argentina GalaScreenshot "When we came into government, we reached less than 10% of the world's population. Today we have opened more than 500 markets and we reach 30%. We are working hard and our idea is to reach 90% of the planet by 2031. Argentina has an openness coefficient of 30% and it should have one of 90%," the president projected. In his message to the businesspeople, Milei expressed: "You, as Argentine entrepreneurs, have already proven the hardest part. You built amid currency controls, inflation, and rules that change every day, when anyone else would have stood still without investing time or capital." "Today the wind is blowing in your favor and what lies ahead of you is an opportunity that comes once in a generation," the president emphasized. Javier Milei speaks at the Endeavor Argentina GalaScreenshot He also said that the government's "job" is to "set clear rules and step aside." "Yours is to see what others do not see, to take the risk, and to build," he urged. In his speech, the President reviewed the advancement of technology since the Industrial Revolution and the emergence of AI. "Technology multiplies what a man produces in an hour of work. That productivity translates into higher wages, cheaper products, and things that were once a luxury are now within anyone's reach," he explained. "This productive growth occurs at different paces depending on the country and the era. But it eventually reaches everyone, and above all the poorest, who benefit the most when everything becomes cheaper. So when someone uses technology to solve a problem for others, it ends up elevating human dignity as a whole. And whenever there was a technological advance, there was also fear of the unknown and its potential consequences," Milei observed. Regarding AI, he pointed out that it can already be seen that "everything is permeated" by this innovation. "In Sweden, a study showed that artificial intelligence improves breast cancer detection by 29%; there are millions of people already writing code, drafting contracts, or analyzing data with assistants that did not exist a few years ago, and this is just the beginning of what will be an industrial boom across all sectors of the economy through two different channels," he noted. And he explained: "The first is demand: data centers must be built, and that moves the entire industry—cement, steel, copper cable, cooling systems, power generation plants, electrical engineers, welders, transporters. The second channel is productivity, and it is the most important one." Milei, at the farewell to Pope Leo XIVPresidency In this regard, Milei stated: "To develop Artificial Intelligence, energy is needed, and we have Vaca Muerta and enormous generation potential, even in nuclear energy; critical minerals are needed, and we have copper, lithium, and uranium; the data centers need to be cooled, and we have a cold South, which is a natural advantage; and talent is needed, and Argentines have proven for decades to have the best in terms of human capital." "The only thing the country lacked were clear rules. And that is what we have devoted ourselves to from day one," he said, in an electoral tone. It was the president's first public appearance since his participation in the farewell to Pope Leo XIV and after the release of last month's inflation figure.