III 

Calendar No. 114 

115TH CONGRESS 

1ST SESSION S. RES. 18 

Reaffirming the United States-Argentina partnership and recognizing 

Argentina’s economic reforms. 

IN THE SENATE OF THE UNITED STATES 

JANUARY 23, 2017 

Mr. COONS (for himself, Mr. RUBIO, Mr. KAINE, Mr. LANKFORD, Mr. MARKEY, Mr. MERKLEY, and Mr. HATCH) submitted the following resolution; 

which was referred to the Committee on Foreign Relations 

JUNE 5, 2017 

Reported by Mr. CORKER, with an amendment and an amendment to the 

preamble 

[Strike out all after the resolving clause and insert the part printed in italic] 

[Strike the preamble and insert the part printed in italic] 

RESOLUTION 

Reaffirming the United States-Argentina partnership and 

recognizing Argentina’s economic reforms. 

Whereas, on November 22, 2015, the citizens of the Argentine Republic elected Mauricio Macri as their President; 

Whereas President Macri has pledged to promote greater national unity, rebuild the economy, combat domestic corruption, strengthen freedom of the press, defend human 

rights abroad, attract foreign direct investment, return to 


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•SRES 18 RS 

international credit markets, and reassert Argentina’s 

leadership globally; 

Whereas President Macri has emphasized his intention to 

seek closer ties with the United States and restore the bilateral partnership previously enjoyed by both countries; 

Whereas the Argentine Republic is a major non-NATO ally 

of the United States; 

Whereas United States-Argentina relations are historically 

characterized by comprehensive commercial ties and 

strong bilateral cooperation on human rights, peacekeeping, science and technology, non-proliferation, and 

education, as well as on regional and global issues; 

Whereas President Obama traveled to Argentina in March 

2016 to strengthen engagement on issues of bilateral interest, such as trade, investment, energy, security, and 

peacekeeping 

Whereas, in an appearance with President Macri at the Casa 

Rosada in Buenos Aires, President Obama said that ‘‘our 

countries share profound values in common—respect for 

human rights, for individual freedoms, for democracy, for 

justice, and for peace’’; 

Whereas the United States Department of the Treasury no 

longer opposes multilateral development banks lending to 

Argentina because of the Government of Argentina’s 

‘‘progress on key issues and positive economic policy trajectory’’; 

Whereas President Macri prioritized Argentina resolving its 

15-year standoff with private creditors stemming from 

the 2001–2002 economic crisis; 

Whereas the Macri Administration lifted controls on trade, 

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parency of government data, and eliminated subsidies on 

electricity, water, and gas; 

Whereas, in April 2016, the Government of Argentina issued 

$16,500,000,000 in new government bonds and paid 

$9,300,000,000 to holdout creditors to resolve its default 

settlements, which facilitated Argentina’s return to international financial markets; 

Whereas Argentina is Latin America’s third largest economy 

and the International Monetary Fund, in April 2016, 

claimed the Macri Administration ‘‘embarked on an ambitious, much needed transition to remove domestic imbalances and distortions and correct relative prices’’; 

Whereas Secretary of State John Kerry visited Argentina in 

August 2016 to launch a High-Level Dialogue to develop 

and sustain cooperation on bilateral, regional, and global 

challenges, including democratic development and protection of human rights in Latin America; and 

Whereas Secretary Kerry, during his visit, stated that ‘‘the 

United States strongly supports President Macri’s effort 

to deepen Argentina’s integration with the global economy’’ and that ‘‘our governments will be supporting policies that are aimed at strong, sustainable, and balanced 

economic growth’’: Now, therefore, be it 

Whereas, on November 22, 2015, the citizens of the Argentine 

Republic elected Mauricio Macri as their President; 

Whereas President Macri has taken strides to promote greater 

national unity, rebuild the economy, increase public transparency, strengthen freedom of the press, defend human 

rights abroad, attract foreign direct investment, and reassert Argentina’s leadership globally; 


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Whereas President Macri has prioritized policies to seek closer 

ties with the United States and restore the bilateral partnership previously enjoyed by both countries; 

Whereas the Argentine Republic is a major non-NATO ally of 

the United States; 

Whereas United States-Argentina relations are historically 

characterized by comprehensive commercial ties and strong 

bilateral cooperation on human rights, peacekeeping, 

science and technology, non-proliferation, and education, 

as well as on regional and global issues; 

Whereas President Barack Obama traveled to Argentina in 

March 2016 to strengthen engagement on issues of bilateral 

interest, such as trade, investment, energy, security, and 

peacekeeping; 

Whereas, in an appearance with President Macri at the Casa 

Rosada in Buenos Aires, President Obama said that ‘‘our 

countries share profound values in common—respect for 

human rights, for individual freedoms, for democracy, for 

justice, and for peace’’; 

Whereas the United States Department of the Treasury no 

longer opposes multilateral development banks lending to 

Argentina because of the Government of Argentina’s 

‘‘progress on key issues and positive economic policy trajectory’’; 

Whereas President Macri resolved Argentina’s 15-year standoff 

with private creditors stemming from the 2001–2002 economic crisis, which facilitated Argentina’s return to international credit markets; 

Whereas the Macri Administration lifted controls on trade, 

currency, and poultry, enhanced the quality and transVerDate Sep 11 2014 23:07 Jun 05, 2017 Jkt 069200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6300 E:\BILLS\SR18.RS SR18

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parency of government data, and eliminated subsidies on 

electricity, water, and gas; 

Whereas, in March 2016, the United States and Argentina 

signed a Trade and Investment Framework Agreement; 

Whereas Argentina is Latin America’s third largest economy, 

and the International Monetary Fund, in April 2016, stated that the Macri Administration ‘‘embarked on an ambitious, much needed transition to remove domestic imbalances and distortions and correct relative prices’’; 

Whereas the Senate and Chamber of Deputies of Argentina, 

since the start of the Macri Administration, have played 

an important role in advancing a political and economic 

agenda that promotes fiscal responsibility, greater transparency, and shared prosperity for the people of Argentina; 

Whereas, in April 2017, President Donald J. Trump and 

President Macri met at the White House and expressed 

their desire to see significant future growth in two-way 

trade of agricultural and industrial products to the benefit 

of producers and consumers in both countries; 

Whereas President Trump and President Macri established the 

United States-Argentina Dialogue on Illicit Finance and 

a Cyber Crimes Working Group to strengthen our partnership to combat narcotics trafficking, money laundering, 

terrorist financing, corruption, and cyber security; and 

Whereas President Macri and his Administration have contributed to the international response to the political, economic, and humanitarian challenges in Venezuela: Now, 

therefore, be it 

1 Resolved, That the Senate— 


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1 (1) upholds its commitment to the partnership 

2 between the United States and Argentina and reaf3 firms that the Argentine Republic is a major non4 NATO ally of the United States; 

5 (2) encourages the Department of State to co6 ordinate an interagency strategy to increase coopera7 tion with the Government of Argentina on areas of 

8 bilateral, regional, and global concern; 

9 (3) commends President Mauricio Macri and 

10 his Administration for making far-reaching economic 

11 reforms that will benefit the people of Argentina, 

12 stimulate economic growth, and deepen Argentina’s 

13 integration with the global economy; 

14 (4) praises the Government of Argentina for re15 solving its dispute with international creditors; 

16 (5) encourages the Government of Argentina to 

17 continue to investigate and prosecute those respon18 sible for the 1994 bombing of the Argentine-Israeli 

19 Mutual Association (AMIA) in Buenos Aires, as well 

20 as the January 2015 death of AMIA special pros21 ecutor Alberto Nisman; and 

22 (6) expresses its desire that the growing part23 nership between the United States and Argentina 

24 will result in greater cooperation at multilateral in25 stitutions, such as the United Nations. 


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1 That the Senate— 

2 (1) upholds its commitment to the partnership 

3 between the United States and Argentina and reaf4 firms that the Argentine Republic is a major non5 NATO ally of the United States; 

6 (2) encourages the Department of State to co7 ordinate an interagency strategy to increase coopera8 tion with the Government of Argentina on areas of bi9 lateral, regional, and global concern; 

10 (3) commends President Mauricio Macri and his 

11 Administration for making far-reaching economic re12 forms and encourages efforts to promote inclusive eco13 nomic growth and reduce inequality; 

14 (4) encourages the Government of Argentina to 

15 continue to investigate and prosecute those responsible 

16 for the 1994 bombing of the Argentine-Israeli Mutual 

17 Association (AMIA) in Buenos Aires, as well as the 

18 January 2015 death of AMIA special prosecutor 

19 Alberto Nisman; 

20 (5) expresses its desire that the growing partner21 ship between the United States and Argentina will re22 sult in greater cooperation at multilateral institu23 tions, such as the United Nations and Organization 

24 of American States; and 


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1 (6) supports the continuing implementation of 

2 the United States Trade and Investment Framework 

3 Agreement with Argentina and Argentina’s efforts to4 ward greater integration with the global economy. 


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Calendar No. 114 

115TH CONGRESS 

1ST SESSION S. RES. 18 

RESOLUTION 

Reaffirming the United States-Argentina partnerforms. ship and recognizing Argentina’s economic reJUNE 5, 2017 

Reported with an amendment and an amendment to the 

preamble 


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