The Olivos Pact (Spanish: Pacto de Olivos) refers to a series of documents signed on 17 November 1993, between the governing President of Argentina, Carlos Menem, and former President and leader of the opposition UCR, Raúl Alfonsín, that formed the basis of the constitutional reform of 1994.
Raúl Alfonsín was the president of Argentina for the Radical Civic Union (UCR) from 1983 to 1989, and resigned during an economic crisis.
The Convertibility plan ended the economic crisis and increased his popularity, allowing the PJ to win the 1991 and 1993 midterm elections.
Radical governors such as Carlos Maestro and Horacio Massaccesi commented that they would not oppose an amendment approved that way.
Alfonsín accepted to instruct the radical legislators to support the amendment, and allow the presidential re-election for a single period.