ISDS Case Map
Argentina
When the Trump administration imposed so-called "reciprocal," country-specific tariff rates in April 2025, it made clear that the measures were intended not only to protect US industry but also as negotiating leverage to extract bilateral concessions.
Argentine Foreign Minister Pablo Quirno said the country intends to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and will present its application on Wednesday in Paris.
Burford Capital has notified Argentina that it will take the long-running YPF expropriation dispute to the World Bank’s arbitration tribunal after losing a key case in New York, seeking to continue its claim through an international investment treaty mechanism.
The agreement, which still has to be approved by the Argentine Congress, will give the Incentives Regime for Large Investments (RIGI) a central role, converting it into a mechanism to satisfy the appetites of US corporations.
The US-Argentina deal represents a new low in using US trade policy to bully countries into adopting intellectual property rules that expand Big Pharma’s monopoly power at the expense of access to affordable medicines.
Brazil is scrutinizing a trade agreement announced last week between the United States and Argentina due to concerns it violates the rules of South American trade bloc Mercosur,.
Argentina will give preferential market access to US goods exports as part of a new trade and investment agreement that prohibits barriers to digital trade and enhances cooperation on economic and national security issue.
Continuing the spree of trade agreements being negotiated by the Trump administration, November saw the announcement of four more agreements — with Argentina, Ecuador, El Salvador, and Guatemala.
The YPF case exposes the inconsistencies of the international investment protection system, which enables large corporations to engage in predatory practices, creating severe macroeconomic problems for Argentina.
