Same ol, Same ol.

The most important part: ""The United States also recently ended its policy of opposing loans to Argentina from the World Bank.""

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When Barack Obama arrives in Buenos Aires late on Tuesday night from Cuba, the first official visit to Argentina by an American president in two decades, hundreds of business leaders will be following in his wake.

Obama wants to build fresh ties with Argentina’s government, a business-friendly administration that took office just three months ago, after years of antagonism under leftist President Cristina Fernández and her predecessor (and late husband) Néstor Kirchner.

Fernández, especially, distanced Argentina from the United States. She clashed with American companies; unleashed fiery anti-U.S. rhetoric; and pitted her government against New York hedge funds in a high-profile debt dispute. That, together with protectionist economic policies like trade restrictions and currency controls, dissuaded foreign investors.

But now, with the administration of President Mauricio Macri making swift market-oriented reforms—including settling with hedge funds that held defaulted Argentine sovereign bonds—and Obama offering renewed bilateral cooperation, their interest is piquing.

Macri wants trade to grow, highlighting in recent days the dispute over lemons while also expressing hope that Argentina can boost exports of biodiesel—a byproduct of soy, its main agricultural commodity. Direct investment by American companies has remained strong in recent years, but Macri has signaled that there will be new flows into Argentina’s underdeveloped renewable energy sector.

His foreign minister has also hinted that Argentina would eventually push for a free-trade agreement between Mercosur, the South American trade bloc, and the United States.