Promise and Peril for Argentina’s G20 Presidency
As Argentina prepares to take over the G20 presidency in December, the international landscape is far more challenging than President Mauricio Macri probably anticipated it would be when his country was approved for the job. But there are plenty of areas where Argentina's leadership of the G20 can make a difference.
WASHINGTON, DC – It is June 2016, and things seem to be looking up for Argentine President Mauricio Macri. Argentina has just been approved to fill the G20 presidency in 2018. The US presidential race is heating up, but it seems all but certain that Hillary Clinton will win the Democratic nomination and sail to victory in November. Macri is feeling optimistic about advancing his international agenda with a like-minded ally.
Fast-forward to today. Macri must be wringing his hands over an international environment that is far more challenging than he probably anticipated. Still, all is not lost for Argentina’s upcoming G20 presidency.
To be sure, confronting US President Donald Trump and his “America First” agenda will not be easy. At the G20 Summit in Hamburg last month, Trump already managed to isolate himself from the 19 other leaders, including Macri, by standing behind his decision to withdraw from the Paris climate agreement – a deal that virtually the entire international community considers irreversible.