Argentine President Javier Milei said on 2026-09-03 that companies operating in the Malvinas islands without Argentine authorization will be sanctioned and barred from operating in continental Argentina. ^[1] Milei announced a decree to expand Defense Ministry resources to build an integrated naval base in Tierra del Fuego. ^[2] UK Defense Minister Wes Streeting stated on X that the Falkland Islands are British because the islanders choose to be British, describing the UK's commitment to the territory as absolute and unbreakable. ^[3] According to EFE, the sanctions announced by Milei would also affect shareholders, directors, and suppliers of the companies involved. ^[4] The Argentine government will send a bill to Parliament to increase penalties against involved companies and create a National Security Council. ^[5] Milei referenced US President Donald Trump's statement that the United States is reevaluating its historical position on the Malvinas dispute. ^[6] Milei stated that companies involved in projects in the Malvinas would be prohibited from operating in Argentine territory and could face lawsuits in absentia. ^[7] Argentine President Javier Milei announced plans to construct a military base in a point on the Argentine continental territory closest to the Falkland Islands and warned of sanctions against companies exploiting natural resources in the islands. ^[8] Milei claimed in a national broadcast speech that 'winds of change' favor Argentina's claim to the islands and criticized the UK's economic, migratory, and demographic situation. ^[9] A source from Downing Street told the BBC that the inhabitants of the islands have the right to exploit their natural resources and noted that this is not the first time an Argentine government has threatened the islanders. ^[10]