Milei Touts $50 Billion From Investors Eyeing 30-Year Loopholes

Argentina would seem to have it all — abundant natural resources, legions of well-educated workers. But it struggles to attract investors because its politicians have a habit of changing the rules on a whim, favoring the state over private enterprise.

President Javier Milei is on a crusade to resolve that persistent grievance by offering big companies a way to bulletproof their capital commitments. There are signs it could work.

Energy and mining companies with potential to supercharge growth in the South American nation, which has endured six recessions in the past decade alone, are starting to file applications to be ...