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The Argentina Sworn Declaration is one of the principal documents from the Argentina's constitutional procedure. It includes the basic provisions concerning the formulation and execution of the Constitution of the nation. The document also defines the roles and obligations of this legislature, executive, and the judicial organs of the nation. This is also a crucial piece of legislation which will define the modalities of the nation's political system. The basic purpose of this declaration is to ensure the interests of all sectors of the society have been safeguarded.

The document starts with the President of the Republic of Argentina giving notice to the United States of America and the International Monetary Fund which they are not disinclined to accept or enter into negotiations concerning trade, economic, and financial policies that affect the country. What's more, in addition, it gives notice to additional states the government will not engage in warfare. The state then declares its intent to observe and honor the obligations set forth in the Treaties of Mutual Cooperation and Friendly Relations. It further undertakes to furnish information to its own neighbors regarding its arrears and to refrain from interfering in their internal affairs. Last, but not least, the record confirms that it reserves the rights and abilities to settle international disputes through peaceful means.

Argentina has maintained that the announcement doesn't apply to its overseas debts. Therefore, it was able to make a deal with its lenders and restructure its debt from 2021. However, the United States still considers Argentina as a money illegally under the FTAA notification. It requires Argentina to resolve all of its outstanding foreign debt before implementing the announcement. In doing so, it would create the US-Argentine relationship a great deal more difficult.

The US also objects to how Argentina is utilizing the funds from the International Monetary Fund (IMF). This assertion was supported by the European Union. The European Union believes that the money that is lent to the nation by the Fund was misused and therefore, it will be remembered from the finance. The Permanent Chamber of Commerce of Argentina is also of the opinion that Argentina has not implemented measures necessary to prevent itself from becoming a money manipulator. Additionally, it notes that the measures announced are still temporary.

Argentina's foreign minister insists that there'll be no limitations on commerce with South American nations that have not yet joined the Buenos Aires Community of Nations. He also noted that this was only a first step. He expects bilateral talks with all the other South American countries to progress smoothly. Meanwhile, the authorities in Argentina says that bilateral talks shouldn't exclude the existence of the troika or the European Commission. Argentina welcomes the fact that the troika has expressed concern on the Argentina Uruguay exchange connections.

The Argentina Sworn Declaration caused quite a stir among the neighboring countries and the global community. There was an unprecedented response from the international community. Some nations claimed that the declaration is null and void and it violates international law. On the other hand, others welcomed the declaration as a positive step towards a stable Argentina Uruguay economic venture.