Argentina to Join U.S. Pax Silica Initiative
2026-06-27 14:59
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en.Wedoany.com Reported - Argentina will join the Pax Silica initiative led by the U.S. State Department this week. Argentine Foreign Minister Pablo Quirno announced the decision, stating that it will allow Argentina to "consolidate its position as a reliable supplier of critical minerals and strategic resources needed for artificial intelligence development, and become a key player in the technology sector."

The Pax Silica initiative is regarded by the U.S. as a flagship project in the field of artificial intelligence, aimed at building and deploying a reliable network information system covering information and communication technology systems, fiber optic cables, and data centers. Signatories commit to reducing coercive dependencies, cooperating to secure the global technology supply chain, addressing opportunities and vulnerabilities in the AI supply chain, and exploring joint investments in digital infrastructure.

Current participants in the initiative include Australia, the European Union, Finland, Germany, Greece, India, Israel, Japan, the Netherlands, Norway, Qatar, South Korea, Singapore, Sweden, the Philippines, the United Arab Emirates, the United Kingdom, and Taiwan. Quirno believes that Argentina's participation strengthens the strategic relationship between the country and the U.S. to build a more prosperous shared future.

Meanwhile, the Argentine government is advancing a corporate law reform involving the legal status of AI entities. Argentina's Minister of Deregulation and Transformation, Federico Sturzenegger, defended the government's proposal in the Senate, which aims to repeal the current Corporate Law and implement new regulations allowing for non-human corporate entities. This was the first upper house information session on the bill, proposed by Argentine President Javier Milei, which has sparked reactions due to its legal, economic, and even philosophical implications.

Sturzenegger outlined the necessity of incorporating AI into corporate law, arguing that "for a country aspiring to lead development, integrating these new technologies into our legal system is absolutely essential." He believes the initiative provides an opportunity to promote the establishment of innovative companies related to the digital economy in Argentina, strengthening the nation's economic and technological development. Paula Taddei Farfán, Deputy Secretary for Strategic Planning of the Legal and Technical Secretariat, described it as "one of the most far-reaching reforms in Argentine law in recent decades," noting that the reform aims to adapt the corporate system to an economic and technological reality vastly different from when the current law was enacted in 1972.

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