Timerman replies to De Gucht rejecting “unacceptable” arguments and “tone”
Argentine Foreign Minister Héctor Timerman said the recent criticism from the European Trade Commissioner Karel De Gucht regarding the YPF expropriation is “unacceptable,” and assured that it “surprised him due to his tone and approach”.
“I find your criticism to our country’s trade policies unacceptable,” Timerman said in a letter he sent De Gucht, in which he underlined the European official’s statements represent an “overreaction.”
“Argentine complies with its international obligations and the decisions that it makes on trade are transparent and consistent with the norms and commitments taken in the World Trade Organization,” the letter continued.
Timerman responded to De Gucht’s statements, who said that the Government’s decision to expropriate YPF was “an unfortunate decision.”
The minister also criticized the “disregard” shown by the European Union's High Representative for Foreign Affairs and Security Policy, Catherine Ashton, “who did not reply to any of the calls I made to her to discuss why the UK refused to comply with the UN resolutions on the Malvinas sovereignty issue”.
Timerman said Argentina more than contributes with its share to the global economy recovery by increasing EU imports and from the rest of the world, well beyond its international percentage.
However the EU does not act with the same reciprocity and the minister who then enumerates a long list of alleged EU barriers and impediments to Argentine exports.
Insisting on the reasons for the seizure of YPF, Timerman alleges that Repsol-YPF from 1999 to 2011 saw oil production down by 38.3% and gas output by 25.4%, with net investments in the period of 3.7 billion dollars, plus a contraction of proven reserves of 40% for oil and 47% for gas.
This, however did not impede the Spanish company do distribute profits in that period of 15.7 billion dollars, which among other things meant that “Argentina in 2011 experienced its first fuels deficit in 17 years equivalent to 3.5 billion dollars in imports”.
Timerman says that compensation will be ruled by Argentine law and international agreements such as the Spain/Argentina Reciprocal Investments promotion and protection accord dating back to 1991.
The letter also points out that in effect the EU is the main investor in Argentina and that this is partly because of the good several years performance of the Argentine economy, contrary to what happens in the EU, and as long as those investments are in the production sector, “they will continue to be welcome”.
Timerman then blasts the EU for linking trade talks with Mercosur to the YPF expropriation thus hindering “a most ambitious global agreement in several fields”.
Finally the suggestion of expelling Argentina from the G20 is “totally improper” since Argentina as well as the EU are founding members and it would be more constructive if “the EU complies with its promises instead of attributing itself the role of assessing other members, which nobody has asked it to perform”.
It is therefore inadmissible that a sovereign decision linked to a multinational corporation whose performance endangered the country’s energy self-sufficiency “can be used to condemn our development policies in international forums, trying to restrict our margin of public policies”.
The original letter from De Gucht caused a diplomatic embarrassment for Timerman since he first denied having received the letter, later not having read it and finally not in the date EU claimed which later also proved the minister wrong, plus some unnecessary comments he made all along the incident.
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Like the bit, “Argentina complies with...............” Much more of this and I am going to have an accident with my bladder.
Maybe, but just think for what the children would look like. They would have been blessed with either His looks and her brains or his brains and her looks!! Either way, it's perhaps best if they don't dip their toes in the gene pool.
Their love child
www.classickidstv.co.uk/wiki/Pob's_Programme
Keep it up Héctor, you are Argentina's ace in the hole!!!
Well, that's something this arsehole will never do.
What a bunch of loons...
Poor Timmerman, every time he opens his mouth he shows the world just what a complete and utter imbecile he is.
“Timerman then blasts the EU for linking trade talks with Mercosur to the YPF expropriation thus hindering “a most ambitious global agreement in several fields”.” Okay, so he's upset about linking trade and what Arg considers a non-issue.
“The minister also criticized the “disregard” shown by the European Union's High Representative for Foreign Affairs and Security Policy, Catherine Ashton, “who did not reply to any of the calls I made to her to discuss why the UK refused to comply with the UN resolutions on the Malvinas sovereignty issue”.” >>> so he's upset that the EU didn't want to link trade with what EU considers a non-issue.
Is he even capable of writing a diplomatic letter without contradicting himself? Like, seriously... what is that?
I'm glad I'm not an argtard.
He sees that she is British and then raises the Falklands issue without even realising that she is an EU official not a UK one. The bloke is just a fucking crackpot. He literally understands nothing of international diplomacy.
He should be well used to people not returning his calls by now.
Really doesn’t like the “linking trade talks with Mercosur to the YPF expropriation”.
He has to deal with mercosur partners already upset about trade restrictions in mercosur, soon to be upset about Argentina being the problem in a trade deal with the EU.
Lol
Shine on you Falkland Islands.
What would be more funny is if Repsol invests in the Falkland island oil & gas, after all the spanish do like the fisherie?
Mr T. “Hello, is this Minister for Defence, Hector here”.
MOD, Pregnant pause, “Erm, Yes.”
Mr T. “Now about our Argentinian milk qoutas. Hello, hello, hello are you still there.”
Now, I would have said that this scenario was far fetched from reality. Notice I said, “I would have said,” but that was before this master diplomat appeared on the scene.
Europe and the USA don't play by the rules. Maybe it's time they get some up yours? If China only had some balls.
Poor old Timerman so far out of his depth and having to deal with the fall out of CFK latest bizarre decision.
How would you know? Argieland can't read rules and doesn't think they apply to it anyway! Just make it up as you go along, don't you? Is it true that you add the words “Does not apply to argieland.” to your copies of all agreements and treaties?
If the Argentinians could play cricket they would know how to stick to the rules.
That wont go down well. They are just biding their time to devastate Argentina financially.
Nobody notices.
You should talk to Space Cadet MAX, you two have a lot in common, not least a common language.
Firstly. It's Argentina and the the Falkland Island Islanders, through the auspices of the UK, not England. I would remind you, we are are a nation of four countries. England, Scotland, Wales and Northern Ireland.
Secondly. Who are we?
Meanwhile, massive protests in Chile.
London city held hostage for hours.
USA GDP slips (from already weak growth).
Seems before worrying about Argieland most of you have some business to attend to.
The UK always has business to attend to. Argentina very shortly will be part of our external business to attend to. Our internal business will remain just that and no doubt we will sort it out as efficiently as we always do.
I don't follow. The Falklands are British, not Argentina.
Tobias the Argentines have so far had a blind eye turned to them by the UK. We cant be bothered to talk to the RG's. that will change once the Rg's step over the line that must not be crossed. Argentina will then have to become our business with probably a far more devastating result than 1982.
Why Argentina fucks with the UK I do not know because there is certainly only one winner.
Timmerman flips his chit. What a bitch. Grow up Argentina.
I've just worked it out. KFC and Timmerman et al are playing “Seagull” politics. You all know what “Seagull” management is in a company don't you?
It's where the boss flaps in making a lot of noise, sh*ts over everything while causing no end of mess and confusion, and then flaps off again.
Well that's what the KFC is doing, flapping about, screeching a lot, sh*tting on everything while causing no end of mess and confusion and then flapping off again.
From now on the Argentine government shall be known as “Seagulls”
their threats must always be take seriously,
cough cough .
One street in Tottenham my friend, is not London.
Brr
I am asking the same question.....who are you ?
English ?.....Irish...?....Scot ?....Welsh ?
-----------------------
You say ..we are a nation of four countries...
Which National Team are you for ?
Scotland ?....England ?....Wales ?.....Northern Ireland ?
For all we know there is no a National Team called UK !
ask UEFA,FIFA.......
Why are you asking a qusetion you already know the answer to? It's obvious who I am, I am a Brit. Suprise. suprise.
You posted a statement that unless it was sorted out, we would be forced to take action in the region. I'm simply enquiring who we are?
After all if you have the solution, I am sure we would all like to hear it.
the solution ? ..what for ?....for these frigid islands.?
the solution is very simple ....the full independent ( republic, own flag,own passport, no taxing the London.....) of these islands.
www.guardian.co.uk/commentisfree/cifamerica/2012/apr/18/argentina-critics-oil-nationalise
:(
A solution that us British would accept whole heartedly.
However, you are mistaken to think that the islands are taxed by London. The islanders tax goes to the islanders local government.
You are also mistaken to think that the only acceptable route is a republic. This is for the islanders to choose, not you or anyone else.
Selective memory again. Suggest you consult the results of the 2003 Rugby World Cup.
Now call be biased, shit, okay I'm biased, but to anyone interested, for what ever reasons. Such as trueth. and accuracy, might, just might, form the opinion that it does count. ( Never thought it, me a welshman sticking up for the english rugby team, damn I could be excommunicated.)
W.I.S.E.
And very wise we are,
W-ales
I-reland
S-cotland
E-ngland
And because we are gentlemen, and not self obsessed,
We let you lot win most of the world cup, it helps to stop you moaning all the time,
But instead one just Braggs about it.
But alas we are dealing with the problem,
Soon you will see a British team in all sports,
And the cups /medals will come rolling in .
Watch the Olympics.
Just a golden thought old chap, Justa thought .
p/s
and this time the hand of god, will not save you, we have solved that one to, goal line technology .
mmmmmmm
only two more days, till the rain stops lol
.
Hope so, two ducks just swam through my living room!
Have fun with the toy, though.
All to much for me. 0106 Gmt I'm off to bed. In the words of the world renown Dame Vera Lynn (She's British you know,) “We'll meet again, Don't know where, Don't know when. but I know we'll meet again.”
MYGGWY.
mmm
1- The way Mahammeds think is very interesting “we are are a nation of four countries. England, Scotland, Wales and Northern Ireland.Secondly.”
Contradictory since you desired to became “one nation UK” the rest become states or province, there are not at the moment countries called Scotland, Wales, England or NI any more.
2- People outside UK refer to Britain as English, Inglese, Ingleses, Angle, Engländer, etc. Because England is the only region that have international relevance and influence. The language is English, the political centre where decisions are made is in England, almost 90% of GDP is made in England, the financial centre is in England.
Scotland for example has not international recognition as a country, because fails to have full sovereignty over it territory (UK Parliament has). Has not embassies representing Scotland world wide, has not defence by their own. Is like to say that Catalonia (part of Spain) is a country or Bordeaux is a country or Lombardy is a country or Misiones (Arg prov) is a country.
As you can see, Scotland, nor Wales, nor Northern Ireland and not even England are independent countries any more.
@ Fellow ARG’s hater posters
Latest News, YPF update:
YPF since intervention by the state has increase 5% production.
Now, Argentina should threat EU to nationalise Telefonica and any other Spanish or EU assets for each threat they launch. This will trigger a major run on Spanish companies shares with nasty consequences for the whole EU.
This will calm down minors EU states to rethink carefully their words before open their big mouth.
And on YPF it is easy to increase production if you want to quickly deplete the reserves. Funny thing is though once you extract it is is gone. Most legitimate companies ( if the well is big enough) set up a 30 yr extractions process. But go ahead instead of having 5 yrs of reserves you'll have 3... good for you. But what happens in the 4th year?
By DAILY MAIL REPORTER
PUBLISHED: 16:28 GMT, 27 April 2012
Alleged proposals to allow Argentine widows to legally have sex with their dead wives for up to six months after their death have been branded a 'complete nonsense'.
The controversial new 'farewell intercourse' law was claimed, in Argentine media, to be part of a raft of measures being introduced by the Peronist-dominated parliament.
Controversial: The 'farewell intercourse' law is 'a complete nonsense', according to sources
But sources inside the Argentinian Embassy in London have said the claims were 'completely false', and 'could never imagine it happening'.
The source said the proposal, if it even existed, had not reached the congress- although it was also admitted it could be the work of an extremist politician.
Although not officially rebutted, the claims that someone inside Argentina could introduce such a law provoked widespread skepticism.
By Tim Sheehan / The Wall Street Journal
Friday, Jan. 27, 2012 | 10:09 PM
In the 19th century, laborers from China helped build railroads.
In the 21st century, the Chinese may be again doing the same -- not for backbreaking labor, but with financial and technological muscle.
The People's Republic of China has more miles of track for high-speed trains than any country in the world, while Argentina has none. But the Chinese want in on the state's fledgling high-speed rail project. They're eager to help bankroll and build the system and, eventually, provide the trains to operate on the tracks.
China's with the newly created Argentina High-Speed Rail Authority to share information about high-speed rail -- and wants a piece of Argentina's business.
“Other countries want to be a part of this because they know high-speed rail can be profitable,” said Maximo Kirchner, the authority's deputy executive director. “Their ultimate interest is operating the system.”
But experts suggest that China's economic might -- and government-backed companies -- give it an advantage.
“China is cash-flush, and its highly subsidized industries are bankrolled with surplus government funds,” said Usha Haley, a professor of international business at Massey University in New Zealand and an expert on China's worldwide business strategies. “They're investing in infrastructure around the world ... and if they're bidding in an open-bid process, China will get that bid.”
Argentina expects to barter part of it’s newly nationalized petroleum of about $43 billion over the next decade to build the backbone of an 800-kilometer high-speed system linking the state's major cities..
It's too early to know what Chinese foreign investment might look like. Argentina is still forming its business plan for high-speed rail, and construction won't begin until mid- to late 2016 between Buenos Aires and San Juan. Test runs could begin as early as 2018.
@59 You dozy git. Can you not tell the difference? N-A-T-I-O-N. C-O-U-N-T-R-Y. England, Northern Ireland, Scotland and Wales are all countries and nations. due to their differing ethnicities. Argieland, on the other hand, is barely a cuntry. Argies are best described as mongrels.
Latest News, YPF update:
“YPF since intervention by the state has increase 5% production.”
Now I realise this is going to hurt your head while you think about the following:
1) do you really believe prodution has increased 5%?;
2) during the hiatus that came with the thieving of the company production from the nodding donkeys would continue (if they are set correctly) and put into storage;
3) once the numbnuts took over the company even they would twig that there must be oil waiting to be collected / despatched - HENCE THE 5% INCREASE.
Good grief, it is so easy to pull the wool over your eyes.
Well seem that even Wall Street Journal also believes the lie a publish it. Such a moron like me they are.
I will write to them to ask to make a consultation to Mr. ChrisRambo (Oil expert, Arm expert and hi-tech consultant) before publish again may be Apache corp. needs your advice too. Who knows?
Would you like to contact them please?
www.apachecorp.com/index.aspx
“Eager to remind Argentines of YPF's glory days before it was sold to private investors in the 1990s, the government has resurrected the company's old logo and moved quickly to boost production and seek out joint venture ...increased gas production 5% and oil production 0.7% since taking the reigns of the company.”
BTW how is going the washing machine repair business?
Is like to say that Catalonia (part of Spain) is a country
A lot of people in Catalonia would strongly disagree with you. Also most of the population of Euskadi. Which is known in Spain as “el pais Vasco”. And, as you should know, “pais” means “country”.
“A lot of people in Catalonia would strongly disagree with you”
They can disagree all they want but Catalonia is not a country nor even “el pais Vasco”.
They are “Autonomous Communities” like Argentinean provinces. They can create laws, have own security force, justice, educational system, taxation, even language if they want, flags, etc etc. but are part of integral indissoluble nation (Is in the Spanish constitution).
US states ( like California ) is another example. California is not a country is part of the country called United States of America.
Still haven't answered the question though have you?
AND as you know, I am retired and live in Uruguay.
The difference between us, apart from you are a liar and obfurscate the truth in any event is very simple: I have actually DONE the things I post about in my career as a professional electrical mechanical engineer (ingeniero profesional).
But, nevermind, time will tell that I am correct and that your information is wrong.
if not, how long will it be, before Argentina either becomes part of what CFK has been calling her back yard, or perhaps brazil will annexe Argentina,
Or Chile may annexe Argentina,
Or Patagonia might take over Argentina, and declare for Britain.
possibilities are endless, and all those bulls, messing in the field,
Smells of roses does it not .
Oh! Sorry Sir. I didn’t know that you were so Important and qualify. I’m so impressed now.
Especially after having found your Uni.
ceme.nust.edu.pk/new/
@briton
Are you also an “electrical mechanical engineer”
I'm so lucky to find such source of knowledge all together.
Bloody 'ell
To dangerous,
I spend my time between the two bases,
Sometime wet sometimes dry,
And all the time the wind goes by .
Trickle trickle .
.
Some members from the family have appealed with President Cristina Fernandez to prevail on the authorities of the army to obey a court judgment that ordered it to release a parcel of land it illegally occupies in Posadas back to Paraguay where it belongs.
After many years of ignoring the judgment given by an Argentine court, members of the Ossa family staged a peaceful protest in Buenos Aires calling on all relevant stakeholders to plead with the Argentine Army to release the land to them.
In a letter of August, 2005, and signed by a Brig. General, Alonso Atafagatti, on behalf of the army staff, agreed to release some portions of the land back to the jurisdiction of Paraguay.
The Army, however, did not keep its promise because, to the amazement of the family, the land was not released to it.
Led by the affected family, a crowd of Paraguayans marched through major streets in Buenos Aires begging all well-meaning Argentineans to intervene on their behalf.
But, a new twist to the issue started when the family began fencing off the land measuring 14.264 hectares. Some soldiers from stormed the place and drove the owners of the land away.
Gen. Salazar, said through the Army Public Relations that the accusation by the family was misleading and malicious.
He said in a release signed by the Acting Assistant Director, Army, Public Relations, that the land is owned by the Argentinean army and is used for training and reserved for future use by the army.
“It is unrealistic for Argentina to recommend release of such land as it compromises security of officers, men and their families and military hardware located at the Paraguayan border, the army said.
Well it was not the places I went to, but it looks very nice, certainly better than anything Argentina has.
Of course there is one thing. The young Pakistanis who go there will have infinitely more intelligence and knowledge than you have.
THEY will probably understand blob technology, unlike yourself.
en.wikipedia.org/wiki/Economy_of_Afghanistan
en.wikipedia.org/wiki/Libyan_oil_industry#Oil_sector
Unfortunately for your point, it seems that a large part of Iraqi oil is not being handled by European companies. And that the Iraqi people are doing quite well out of it. The Afghan g/o industry seems to be shared between the Afghans and China. And the Libyans seem to be running their own oil industry.
Why don't you look these things up yourself?
Never trust a Timerman who thinks he is CFK;s gift to the wider world .
.
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