If India has to compete with China in Latin America, then it has to be “absolutely active” in the region, Argentine Foreign Affairs Minister Jorge Faurie said on Tuesday during the business forum in New Delhi.
India and Argentina inked ten agreements including in defense, agriculture, space, pharmaceuticals, Antarctic cooperation, agriculture, IT and nuclear cooperation. Indian Prime Minister Narendra Modi and Argentine President Mauricio Macri, accompanied by a high-level official delegation and around 100 top industry representatives of Argentine companies held bilateral talks on Monday.
Argentina's government, with one eye on elections later in the year, is getting tough on crime, and one figure is taking centre stage: the country's security tsar. Patricia Bullrich, 62, the security minister, is pushing a series of new tough-on-crime measures, including dropping the age for juvenile convictions, equipping cops with stun guns and trialling facial recognition at train stations.
New Delhi and Buenos Aires are expected to sign up to eight agreements during President Mauricio Macri’s three-day state visit to India to promote trade, investment and cooperation in several fields including defense, Argentine ambassador Daniel Chuburu said. Macri is accompanied by several ministers, members of Congress and a hundred business leaders.
As advanced by Mercopress, Uruguay and Argentine presidents', Tabare Vazquez and Mauricio Macri open agenda surprise meeting was in effect to address the Venezuelan situation, particularly what has been described in Buenos Aires as the erratic accommodative stance to circumstances and environment, of the Vazquez administration.
Thousands took to the streets in 50 Argentine cities and towns Wednesday demanding that the government declare a food emergency and put an end to suffocating price increases. Since President Mauricio Macri came to power in 2015, electricity bills have gone up 210% and gas 300%. The government blamed the increase on the removal of significant subsidies in place under the previous administration.
An IMF team is back in Buenos Aires to review the Argentine economy performance and how it is complying with the fiscal and monetary conditions established in the stand-by US$ 57 billion loan agreed last year. The head of the mission Roberto Cardarelli is scheduled to meet ministers, central bank officials, members of Congress from the ruling coalition and opposition, academia and different lobbies.
Presidents from Uruguay and Argentina, Tabare Vazquez and Mauricio Macri, will be meeting on Wednesday to discuss an open agenda, but which according to Buenos Aires sources will be centered on the Venezuelan situation, where the two countries hold different positions. The meeting is scheduled to take place in Colonia, at the Anchorena Park, which is an official resting place of the Uruguayan Executive, and a twenty minutes helicopter flight distance from Buenos Aires.
Argentine president Mauricio Macri will be visiting India from February 17 to 19 as part of an ambitious bilateral agenda to expand trade and cooperation in a range of sectors including renewable energy, nuclear energy, space and agriculture, aviation, mining (lithium, gold and copper), pharmaceuticals and automobiles.
Argentina’s central bank has sufficient dollar firepower to deal with a spike in demand for the greenback if uncertainty over the country’s upcoming presidential election prompts another run on the peso, bank sources said on Friday.