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Argentina/US bilateral relations must improve “to their best possible levels”

Friday, November 11th 2011 - 07:48 UTC
Full article 57 comments
“Cristina” and her new re-won friend  “Cristina” and her new re-won friend

President Cristina Fernández met on Thursday with newly appointed Argentine ambassador to the US Jorge Argüello at the Olivos presidential residency, and instructed him to improve bilateral ties “to their best possible levels.”

According to official sources, the Argentine president summoned Argüello to the residence Thursday morning, where they met privately for over 90 minutes, discussing the bilateral agenda.

CFK and Argüello –who is still Argentina’s ambassador to the UN – discussed issues that ranged from ‘balancing trade with the US to international terrorism’, a subject that directly affects Argentina due to its current situation with Iran.

During the meeting, the President insisted that she’s intent on solving any existing conflicts between both nations, including the ongoing dispute with two US companies, who won a legal battle against Argentina before the ICSID.

The World Bank’s International Center for Settlement of Investment Disputes has ruled that Argentina must compensate the two US companies, which so far has not happened.

In reprisal the US has started to vote against granting loans to Argentina in the boards of the World Bank and Inter American Development Bank.

However following the recent meeting between President Cristina Fernandez and her US counterpart Barack Obama on request from the US leader, following the G20 summit in France and according to the State Department the event was ‘warm’ and a “good way to restart the relationship”.

“I don’t agree with those who say that we’re punishing Argentina. I would say the US government is encouraging Argentina to settle its disputes with bondholders within the ICSID, and take any necessary steps to completely normalize the situation with its debtors” spokesman of the Department of State Mark Toner said on Wednesday.

President Obama in a brief encounter with Argentine journalists referred to the meeting in similar warm terms and called the Argentine leader by her first name “Cristina”.

Argüello’s approval as the new ambassador may take a few weeks due to bureaucratic formalities, but the US Department of State has already said it approves his appointment.

Argüello will replace current ambassador to the US Alfredo Chiaradía.

The next Argentine ambassador in Washington is also known for his very aggressive worldwide campaign against the Falklands and claiming sovereignty rights over the Malvinas.

Top Comments

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  • ed

    I didn't know B.H.Obama has interests on widows.

    by the way
    B.H.Obama ! what your sister is looking for in Middle Asia Countries ?

    Nov 11th, 2011 - 12:07 pm 0
  • yankeeboy

    Before any advance in relations can occur Argentina will be forced to pay the bond hold outs,The US ICSID judgments & formally apologize for boarding our military plane. Until (at least) those 3 events occur they will be frozen out of State and Treasury.
    I have heard they asked the US companies in Argentina not to xfer money back to HQ. Which violates a lot of int'l agreements and will make the relationship even worse.

    As of yesterday the peso is 5/1 on the grey market everyone knows a devaluations is coming. Merry Christmas! Party like it is 2001!

    Nov 11th, 2011 - 01:08 pm 0
  • Wireless

    Who gives a turd about defaulting Argentina, at least the witch has sent the stupid familiar to somewhere that might recognises the lies Arguello is peddling.

    Obama gives good lip service and takes a good picture, until they pay up they will keep them away with a shitty stick.

    Nov 11th, 2011 - 02:43 pm 0
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