German companies have had a presence in Argentina since the mid-19th century, when Siemens installed a telegraph network along the railway.

Over the years, their presence has only grown, especially in automotive manufacturing (Volkswagen, BMW, and Audi), as well as chemicals and pharmaceuticals (Bayer and BASF). 

Recent global developments could increase it even more.

Geopolitical changes such as Russia’s invasion of Ukraine, Donald Trump’s return to the U.S. presidency, and the war in the Middle East have increased the number of German companies interested in expanding their businesses in the country. The European Union and Mercosur deal is an additional appealing factor.

Their main interest is in sectors considered strategic, such as minerals, energy, and agribusiness.

There are, however, obstacles in the way of concrete investments: political uncertainty ahead of the 2027 presidential elections and Argentina’s rising country risk.

Strategic areas for cooperation

“Argentina has opened up to the world, and I believe good partnerships can emerge from that. It will be one of the central focuses of my work here,” German ambassador Catalina Cullas said at an event at the German embassy attended by the Herald this week.

German companies, she added, are showing “interest,” particularly in sectors related to mining, energy, and agriculture. Cullas expressed optimism that these key sectors could “give a boost” to the rest of the economy.

“There is a lot to be........

© Buenos Aires Herald