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Source: xinhuanet.com
08.14.2016

With an economy expected to contract by 1.5 percent this year, according to the International Monetary Fund, Argentina is desperate for foreign investments to help restart its stalling engine.

Juan Procaccini, president of the Argentina Agency for International Investment and Trade (AAICI), hopes that a summit he is preparing will help this quest.

The Argentina Business & Investment Forum will be held in Buenos Aires on Sept. 12-14 and will count on the participation of 1,500 CEOs from the world's foremost companies and around 500 more from Argentina. It will seek to bring about the strategy of President Mauricio Macri to "boost economic sectors, strengthen the public sector and stimulate long-term, public investment, for which foreign investment will be a crucial pillar."

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