US’ Lew Praises Argentina Reforms, Offers Tax Help

From Voice of AmericaU.S. Treasury Secretary Jack Lew on Monday issued a stamp of approval to Argentina’s economic reform efforts and said the United States would try to expedite the exchange of tax data that could help Argentina repatriate overseas assets.

Lew, in the first visit by a U.S. treasury secretary to Argentina since 2002, told Reuters that he believed that U.S. support for President Mauricio Macri’s business-oriented reforms can help shore up support from both financial markets and the Argentine public.

“With Argentina, there is a clear reform agenda, where, in a sense, our saying they’re doing the right thing is helpful to them in the program,” Lew said in an interview following meetings with Macri and Argentine Finance Minister Alfonso Prat-Gay. …

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During the last several decades, the United States has invested billions of dollars in trying to help the governments of Latin America and the Caribbean deliver better lives for their citizens. This has meant helping them increase internal security by combating the illicit growing and trafficking in narcotics and the activities of terrorist groups, as well as helping them to shore up their democratic and free market institutions.

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