Feb 8 • 14:19 UTC 🇦🇷 Argentina Clarin (ES)

Pichetto criticized Milei's "absurd" fight against Paolo Rocca and said Sturzenegger has a "stupid view of the free market"

Miguel Ángel Pichetto harshly criticized President Javier Milei's comments against businessman Paolo Rocca, calling them detrimental to national interests and dismissed Sturzenegger's views on the free market as naive.

Miguel Ángel Pichetto, an Argentine politician, initiated a critique of the government led by President Javier Milei following controversial statements made about the textile industry. Pichetto deemed the President's attacks on Paolo Rocca, head of Techint, as "totally absurd and unhelpful to the nation's interests." He also characterized Luis Caputo's comments regarding the local textile industry as "exorbitant" and took aim at Federico Sturzenegger, referring to his perspective on the free market as "stupid." In an interview, Pichetto expressed that such aggression towards a key business figure in Argentina is fundamentally negative.

The conflict that prompted Pichetto's remarks stems from a significant gas pipeline bid linked to Argentina's Vaca Muerta shale gas reserves, a critical resource for the nation's energy future. The contract was awarded to Welspun, an Indian company recognized for producing pipes essential for transporting oil and gas. This decision, while economically beneficial in some respects, has sparked frustration within the Argentine leadership and raised concerns about the local industry's competitiveness. Pichetto's statements suggest a deepening rift within governmental perspectives on industry and market dynamics.

Through his comments, Pichetto not only seeks to defend the role of local industries and prominent business players but also to highlight a broader economic debate about the direction of Argentina's economic policy under Milei's administration. The implications of this conflict extend beyond individual personalities and touch on critical issues such as foreign investment, local industry support, and the government's long-term strategy for economic growth in Argentina, particularly in a post-pandemic recovery context.

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