Argentina country brief
Argentina country brief
Australia and Argentina have a mutually beneficial relationship with shared interests.
Mining, agriculture, science, technology and education.
Export and investment opportunities in mining, oil and gas, primary production and agribusiness, environmental and water management, education, wine, construction equipment and high-tech machinery and services.
Opportunities in the revitalisation of Argentine industry, including communications, transport and public utilities.
Australia and Argentina agreed to exchange diplomatic missions in December 1959. Argentina opened its first post in Sydney in 1962 (moving to Canberra in 1963). Australia sent its first ambassador to Buenos Aires in 1964.
Argentina is a member of the United Nations, the G20, the World Trade Organisation, the Cairns Group, the Commission for the Conservation of Antarctic Marine Living Resources, the Antarctic Treaty and the International Whaling Commission.
It is also a member of the Community of Latin American and Caribbean States (CELAC) and the Organisation of American States (OAS).
Argentina has served on the United Nations Economic and Social Council, the United Nations Security Council and the United Nations Human Rights Council.
Argentina is seeking membership to the OECD.
The Southern Common Market (Mercosur) is Argentina's most important trade arrangement.
Australia's foreign policy is guided by the Foreign Policy White Paper.
- Argentine visitors to Australia (2017) – 21,500
- Australian visitors to Argentina (primary destination 2017)* – 13,390
- Resident Australian population born in Argentina (2016) – 13,300
- Australian residents of Argentine descent (2016) – 12,100
- Argentine work and holiday makers (Year Ended June 2018) – 1,400
- Argentine students in Australia (2017) – 800
Australian Embassy in Argentina
High level engagement
- 2018 November/December – Prime Minister the Hon Scott Morrison MP and Minister for Finance Senator the Hon Mathias Cormann attended the G20 Summit in Buenos Aires.
- 2018 September – Minister for Trade, Tourism and Investment Senator the Hon Simon Birmingham visited Mar del Plata for the G20 Trade & Investment Ministerial Meeting
- 2018 July – Minister for Agriculture and Water Resources the Hon David Littleproud MP visited Buenos Aires for the G20 Agriculture Ministerial Meeting
- 2018 July – Treasurer the Hon Scott Morrison MP visited Buenos Aires for the G20 3rd Meeting of Finance Ministers and Central Bank Governors
- 2018 May – Minister for Foreign Affairs the Hon Julie Bishop MP visited Buenos Aires for the G20 Foreign Ministers Meeting
- 2018 March – Treasurer the Hon Scott Morrison MP visited Buenos Aires for the G20 1st Meeting of Finance Ministers and Central Bank Governors
- 2017 December – Minister for Trade, Tourism and Investment Steven Ciobo visited Buenos Aires to attend the 11th WTO Ministerial Council Meeting.
- 2017 June – Minister for Foreign Affairs Julie Bishop and Senator Stephen Parry visited Argentina
- 2017 March – Argentina's Vice President Gabriela Michetti visited Australia
Argentina is a Tier 1 Priority country for the Endeavour Leadership Program. Under the previous Endeavour Mobility Grants and Endeavour Scholarships and Fellowships programs, 39 Argentines have been offered opportunities to undertake study, research and professional development in Australia and 25 Australians have been offered opportunities to undertake a study experience in Argentina.
In 2018, the Council on Australia-Latin America Relations (COALAR) provided grants to the Australian Academy of Science, Somos21 Limited, CQUniversity Australia, Australasian Performing Right Association/Sounds Australia and Sociedad Rural Argentina to connect and collaborate with people and institutions in Argentina.
Through the Direct Aid Program, the Australian Government provides financial support to a range of projects in Argentina. In 2017-18, the Direct Aid Program supported projects across the following focus areas: women's economic empowerment, education, rural development and people with disabilities.
Government reforms have opened the Argentine economy and prompted a surge in interest by Australian companies. The Argentine-Australian Chamber of Commerce (ArCham) launched in February 2016, and the Argentine-Australian Chamber of Commerce and Industry (AusCham) launched in Buenos Aires in September 2016.
Australia participates in the CER-Mercosur Dialogue, bringing together Australia, New Zealand and Mercosur member countries. The dialogue was established in 1996 as a mechanism to strengthen cooperation on global trade policy issues and promote regional trade and investment. The most recent Mercosur-CER dialogue took place in May 2017.
Further economic and trade information can be found in our Economic Factsheet for Argentina.
Over 50 Australian companies operate in Argentina, including 10 ASX200 companies. Around $1 billion has been invested in Argentina by Australian firms in the last two years. Sectors of interest have included mining (especially lithium), agribusiness, entertainment, port management, freight equipment and insurance services.
Argentina has a wealth of natural resources and is an important producer of aluminium, copper, zinc, lead, gold and silver. The Argentine Government has moved to harmonize taxes and regulations with the aim of stimulating investment in the sector. Agribusiness is a sector in which Argentina and Australia are natural partners.
Agreements with Argentina
- 2015 – MoU on Cooperation in Agriculture
- 2015 – MoU on Exchange of Information on Migration
- 2011 – MoU on reciprocal Work and Holiday Visa Arrangement
- 2010 – MoU on Development of Rail Infrastructure
- 2005 – MoU on Air Services
- 2005 – Agreement on Cooperation in the Peaceful Uses of Nuclear Energy
- 2004 – MoU on Science and Technology
- 2001 – MoU on Education, Training and Research
- 1999 – Double Taxation Agreement
- 1998 – MoU on Minerals Trade and Investment.
- 1997 – Investment Protection Agreement
See Smartraveller for Information on travelling to Argentina
* Argentina reports the number of Australian visitors as 56,100 in 2017 (Argentina Migrations).