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The Spanish navigators Juan Díaz de Solís and Sebastian Cabot visited the territory that is now Argentina in 15, respectively.The Spanish Empire subordinated the economic potential of the Argentine territory to the immediate wealth of the silver and gold mines in Bolivia and Peru, and as such it became part of the Viceroyalty of Peru until the creation of the Viceroyalty of the Río de la Plata in 1776 with Buenos Aires as its capital.As new president of the Confederation, Urquiza enacted the liberal and federal 1853 Constitution.
The Italian naming "Argentina" for the country implies Terra Argentina "land of silver" or Costa Argentina "coast of silver".
In Spanish and Portuguese, the words for "silver" are respectively plata and prata and "(made) of silver" is said plateado and prateado.
Argentina was first associated with the silver mountains legend, widespread among the first European explorers of the La Plata Basin.
Argentina is a prominent regional power in the Southern Cone and Latin America, and retains its historic status as a middle power in international affairs.
Argentina has the second largest economy in South America, the third-largest in Latin America, and membership in the G-15 and G-20 major economies.
One year later General Martín Miguel de Güemes stopped royalists on the north, and General José de San Martín took an army across the Andes and secured the independence of Chile; then he led the fight to the Spanish stronghold of Lima and proclaimed the independence of Peru.