Spain's Repsol YPF announced Thursday that the sale of 14.9% of its affiliate in Argentina to that country's businessman Enrique Eskenazi will become effective next February 21.
Argentine president Cristina Fernandez de Kirchner and Gualeguaychu pickets kept on Thursday to their positions in the controversy over the construction of a pulp mill in neighboring Uruguay which environmentalists and protestors claim is/will be highly contaminating.
Spanish Minister of Agriculture, Fisheries, and Food (MAPA) Elena Espinosa currently visiting Argentina held a meeting with Spanish fishing companies operating in Argentina and signed a fisheries scientific research cooperation agreement which includes surveying the South Atlantic, reports the Buenos Aires press.
Argentina's president Cristina Fernandez de Kirchner claimed on Wednesday the government had already saved almost 600 megawatts in electricity as part of the joint Plan for Efficient Energy use.
Argentine president Cristina Fernandez de Kirchner confirmed Thursday morning that she will be visiting London on April 4/5 to participate in a Progressive leaders meeting, while government officials and the Buenos Aires press underline that the unflagging Malvinas sovereignty claim will be put on the table.
Venezuela and Argentina agreed Tuesday to exchange food for energy thus helping to overcome both countries' weak points following a high level meeting in Caracas. Argentina is to supply 1.000 tons of beef monthly and Venezuela will provide all the crude needed to ensure Argentina's human and industrial development.
Of every ten pesos of tax revenue collected by the Argentine Treasury, 4.4 pesos originate in the country's agro-business. Fiscal pressure on Argentina's primary production, (cereals, oil seed, meats) plus the industrialization process is in the range of 32%, ten points higher than for the rest of the economy, reports Buenos Aires daily La Nacion.
A second high speed train for Argentina was announced last week by President Cristiana Fernandez de Kirchner. Three consortia submitted bids to build the Buenos Aires to Mar del Plata high-speed link.
Mining exploration in Argentina expanded 21% in 2007 over 2006 with a record 600.000 meters drilled reported in Buenos Aires the Mines Secretariat. Looking back to 2003, exploration activity soared 265% and investments 748% reaching 1.7 billion US dollars.
Argentine president Cristina Fernandez de Kirchner is preparing for an agenda of international meetings, both at home and overseas, with the purpose of fulfilling her electoral promise that global relations will be paramount for her administration, reports the Buenos Aires press.