// LEADERS' VIEWS
JAVIER MILEI, PRESIDENT, ARGENTINA
Choosing reform over decline F iscal expansion, monetary expansion and the expansion of state power
the erosion of prestige for this house. Without going
that are taking difficult decisions at this juncture, as history demands that we do. President [Donald] Trump of the United States also understands that the time has come to reverse a dynamic that is leading the United States towards a disaster. We know that a disaster in the United States is a global disaster. His unflinching and successful policy in terms of halting illegal immigration makes that conviction more than clear. He knows he must do what is necessary even though many may not like it, before it is too late. In other countries, for example, it is already too late to take the decisions he has… What Donald Trump is also doing is restructuring the terms of international trade in an unprecedented fashion. That is a titanic task which gets to the very core of the global economic system because that system has been gnawing away at the industrial heart of his country, and the country now has an unparalleled debt crisis. Furthermore, he has undertaken a cleaning up of the institutional capture of the American state because it has been infiltrated by left-wing factions that were seeking to undermine any reform programme that was necessary. Both I and Donald Trump know what we are doing in the face of these challenges. All of these challenges have a common denominator that all countries, including supernational organisations, must address. They must find a way of creating dividends for the future and not succumb to the temptation of dealing with the present. This is something that major nations, Western nations, have been aware of and putting into practice for decades. We need to get back to that. We need to go back to our roots. Address to the United Nations General Assembly, 24 September 2025. Transcription of the simultaneous translation provided by the United Nations.
further, the poor results from the 2030 Agenda bear
[are] suffocating individuals. That’s all part of a pattern that we are seeing across all countries, particularly those who claim to make up the free world. The problem is not only one of economic policies; we also
witness to what I have outlined above. What continues to be seen in practice is a cycle whereby we recycle structures. There is more and more being spent and more and more targets being set. For this reason, Argentina decided to step aside from this process because we saw in the 2030 Agenda
see it when there are violations of equality before the law or when we indiscriminately open the doors to immigration for political reasons. On the contrary, what we don’t see there is immigration; we see invasion. International cooperation bodies have this one among its number. Such international organisations are not alien to this problem. As the years have passed this organisation has acquired responsibilities that run counter to its founding spirit. It has created layer upon layer of organisations, agencies and programmes until it achieved this hypertrophy of administrations that are barely effective when it comes to resolving the problems for which they were created. Responsibilities that the UN has taken on have swelled and swelled. In step with that, the contributions of major states have swelled. In turn, the palpable results this organisation has achieved have greatly reduced. They can’t offer the world what they could. There is this cocktail of incentives, and in addition you have … international organisations that now see a situation whereby no one is really held accountable for their failures to resolve problems. This contradiction between lofty goals and scant results has created
the improper expenditure of scant resources for purposes that we don’t share in order to distract attention from the real global difficulties. The world is on course for stagnation and that’s why we stood apart… For the last year and a half we have taken on the herculean task of administering and managing extreme scarcity. And for the first time in decades we are doing what we have to do for a better future. The only way to usher in that future is to do exactly the opposite of what we previously did. What we are doing stands in opposition to the rest of politics. That politics asked us to do what everyone was doing for years and is what has pulled us into decline. They’re asking us to jeopardise our future to meet present demands. They want us to apply the same remedy that we did a thousand times and this is exactly what brought us here. I’d like to say clearly that Argentina has a government that decided to undertake the right path, even though it is the thorniest one, because prosperity and progress for our peoples cannot be delayed one day longer. However, we are not the only ones
24 // G20 SOUTH AFRICA: THE JOHANNESBURG SUMMIT 2025
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