Tajani Praises Milei in Buenos Aires and Travels to São Paulo

The Italian Vice Prime Minister and Foreign Minister, Antonio Tajani, praised the government of Argentine President Javier Milei this week during a stop in Buenos Aires, before continuing his journey to São Paulo in the next phase of his economic mission throughout South America. According to the Comunità Italiana, Tajani highlighted the alignment between Rome and Buenos Aires around a model of State that supports the productive sector without replacing it.

Tajani's Praise for Milei in Buenos Aires

During official meetings in the Argentine capital, Tajani stated that Italy and Argentina today share a similar vision regarding the role of the State in the economy. According to the Comunità Italiana, the Foreign Minister summarized this position by stating that "the State is not a business owner, but helps businesses" — a direct reference to the liberal agenda championed by Milei since he took office as Argentine president.

Tajani also linked the political stability currently experienced by Italy to the confidence the country has generated among international investors, arguing that predictable institutional environments are essential for attracting foreign capital. On this occasion, Italian and Argentine authorities signed agreements aimed at cooperation in strategic raw materials and the internationalization of companies from both countries, expanding business channels between Rome and Buenos Aires.

Economic Mission in Mercosul

The stop in Buenos Aires is part of a broader economic mission throughout the Mercosul bloc, which includes more than 100 Italian companies, according to the Comunità Italiana. The business delegation is led by Emanuele Orsini, president of Confindustria, Italy's main employers' association.

The mission's priority sectors include energy, agroindustry, infrastructure, and technology — areas where Italian companies already maintain significant presence in the region and see room for expansion. Orsini stated that the potential of the Argentine market for Italian businesses could jump from approximately €1.2 billion to up to €7 billion, a significant growth that reflects both the economic reforms underway in Argentina and the growing interest of European investors in the South American country.

Next Stage: Arrival in São Paulo

After the Argentine agenda, Tajani arrives in São Paulo this Wednesday, where he remains until Thursday, according to the Comunità Italiana. The stop in Brazil marks the Foreign Minister's third visit to the country since taking over Italian diplomacy, reinforcing the frequency of contacts between Rome and Brasília amid intensifying bilateral economic relations.

Trade between Italy and Brazil exceeded €11 billion in 2025, a figure that highlights the weight of the Brazilian market for Italian commercial interests in South America. The expectation is that Tajani's stop in São Paulo, Brazil's financial and industrial center, will produce new announcements of business cooperation, following the same format of sectoral agreements signed in Buenos Aires. Those who follow News from Italy have seen economic diplomacy take center stage in the Italian government's international agenda in recent months.

Relevance for the Italian-Brazilian Community

Tajani's trip reinforces Brazil's status as Italy's main partner in South America, a role that is consolidating as the two economies expand partnerships in strategic sectors. For the extensive community of Italian descendants in Brazil, the strengthening of these ties is likely to translate into more business opportunities, professional exchange, and investment between the two countries.

The moment is also being closely watched by those following the EU-Mercosul agreement negotiations, whose progress could further expand the flow of trade and investment between Italy and Brazil in the coming years. This scenario is of direct interest to entrepreneurs, professionals, and Italian-Brazilian families who maintain ties with Italy, whether through business or through matters such as Italian Citizenship or the daily life of those who move to the country, a topic addressed in the Life in Italy section.

Tajani's stop in Buenos Aires and São Paulo confirms Italian diplomatic efforts to expand its economic presence in South America, with Brazil occupying a central position in this strategy. The coming days in São Paulo should indicate to what extent the agreements discussed in Argentina will also find space in the bilateral agenda with the Brazilian government.

Source: Comunità Italiana