British Chancellor Philip Hammond and Foreign Secretary Boris Johnson are scheduled to visit Argentina as part of the G20 ministerial round of meetings in coming weeks, announced UK ambassador Mark Kent following talks on Thursday with foreign minister Jorge Faurie.
Argentina plans to launch its first offshore licensing round in almost three decades this year, as it seeks to widen exploration for longer-term production growth, Energy Minister Juan Jose Aranguren said on Thursday.Round One will be launched in June or July for 240,000 sq km in three zones of the continental shelf, Aranguren said on the sidelines of The Economist's Argentina Summit in Buenos Aires.
Exchanges of information between the Falkland Islands and Argentina about fish and squid stocks could begin again before the middle of this year, if all parties are in agreement. Director of Natural Resources John Barton said: “Dialogue with Argentina on the conservation of shared marine resources has the potential to allow for better management of shared fish stocks and improve sustainability of such stocks.”
The United Kingdom, Argentina and the Falkland Islands are closer to agreeing on South Atlantic fisheries improved cooperation, for the conservation of shared resources as once existed with regular joint scientific cruises.
Argentina's central bank left the basic interest rate unchanged at 27.5%, a clear signal that inflation remains the main challenge of the country's monetary policy. The bank also revealed that last week it intervened in the local market with 400 million dollars to keep the US dollar in the range of 20/20,50 Pesos to the greenback.
January is summer month in Argentina, equivalent to July in the northern hemisphere, and Argentines love to take to the beaches or travel overseas. This last January, according to the official stats office, Indec, the number of arrived tourists in Argentina increased 8.7% compared to a year ago, but Argentines tourists overseas jumped 20.5%., most probably on the back of a particularly strong Peso vis-a-vis the US dollar.
The Argentine government has announced it plans to invest 15 billion Argentine Pesos (some US$ 750 million) in an ambitious expansion of the country's main international airport, Ezeiza, in the outskirts of Buenos Aires city.
Argentine former deputy foreign minister and ambassador before the United Nations, Fernando Enrique Petrella has been appointed head of the country's Foreign Service Institute, ISEN, according to Decree 176/2018.
Argentina's Commerce Secretary Miguel Braun travelled to Washington to negotiate an exemption to the higher tariffs recently placed on steel and aluminum imports by the Donald Trump administration.
A group of US scientists who were stranded in an ice-bound island off the northeastern tip of the Antarctic Peninsula were rescued on Sunday by an Argentine icebreaker, US and Argentine authorities announced Monday.