An Argentina-China agreement to unlock the soybean oil conflict seems to move forward as a government official, who preferred to remain anonymous, told a news agency that China has agreed to allow all cargo ships on their way to China to unload soybean oil at Chinese ports.
A United States federal judge ruled in favour of seizing 105 million US dollars from the Argentine Central Bank deposits in New York in order to pay the debt the country holds with two investment funds.
China’s soybean oil traders may “gradually” delay or cancel imports from Argentina after the country toughened inspections, the China National Grain and Oils Information Center said early Wednesday from Beijing.
Following on Uruguay’s successful experience, the Argentine government announced this week the distribution of three million laptops in government high schools.
Argentine president Cristina Fernández de Kirchner, CFK and her Uruguayan counterpart José Mujica met Monday afternoon during a surprise visit to the Olivos presidential residence in Buenos Aires.
Argentina formally protested on Monday a possible move by China to block imports of Argentine soybean oil in a trade row that threatens a key export of the country and last year involved almost 1.5 billion US dollars.
Argentina began servicing public debt using Central Bank reserves after making its first payment Monday, according to sources from the Economy Ministry.
Latest official data from Argentina’s Fisheries and Aquaculture Sub-secretariat indicates that 41.163 tons of hake (Merluccius hubbsi) were landed in Argentine ports between 1 January and 29 March. This is 33.5% less than in the same quarter of 2009 when 61.886 tons were unloaded.
Over two million people live in a thousand shanty towns in the surroundings of Argentina’s capital Buenos Aires in conditions of extreme marginality and precariousness, according to official data released by the weekend press.
The head of the Argentine Fisheries Subsecretariat, Norberto Yauhar, assures that the assessment of his recent trip to China was very positive, and that “the objective of the trade mission was reached and, in many cases, surpassed expectations.”