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EU ready to cut trade benefits to Argentina because of YPF; warns the region on growing protectionism

Monday, May 7th 2012 - 17:28 UTC
Full article 37 comments

European Trade Commissioner Karel de Gucht expressed concern Monday over what he called a “growing tendency towards protectionism across Latin America” and warned Europe is preparing retaliation measures against Argentina after YPF expropriation Read full article

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  • Conqueror

    Cut EU trade with argieland to ZERO. End the EU/MercoSur trade agreement negotiations. No South American shit in Europe. End argie individuals' entry to Europe. And don't forget, if you can, kill an argie every day. The only good argie is a dead argie.

    May 07th, 2012 - 05:40 pm - Link - Report abuse 0
  • Pirat-Hunter

    Argentine's should stop all exports to europe and sell it to the rest of the world at a market price, the prices we had to trade stuff was a decade old, Argentina needs to trade at today's prices. Good luck to Everyone in Europe, As an Argentine I strongly believe Argentina will be better off without Europe's influence, we wish europe the best and we hope Argentina has better commerce and fair trade with Pakistan, India or China. No need for all the threats coming from europe, we feel much better trading with people anyways.

    May 07th, 2012 - 05:44 pm - Link - Report abuse 0
  • TipsyThink

    The retaliation is not a European method.

    May 07th, 2012 - 06:08 pm - Link - Report abuse 0
  • The Cestrian

    My fervent hope is that Argentina grossly insults the EU and Tin Head gets involved. The more people who RG Land alienates itself from the better.

    May 07th, 2012 - 06:22 pm - Link - Report abuse 0
  • JohnN

    EU needs to take a stand on protecting its members (ie, Britain), who have Overseas Territories our Outermost regions threatened by those who demand trading deals with the EU. Denmark, France, Netherlands, Spain and UK all have OCTs that are included in the EU Annex of OCTs, and therefore, should enjoy EU protection. If Argentina wants an EU trade deal, its got to also desist from any further and future claims on the Falklands.

    May 07th, 2012 - 06:31 pm - Link - Report abuse 0
  • The Cestrian

    http://www.buenosairesherald.com/article/100181/repsol-warns-oil-giants-to-sue-if-they-join-ypf-british-paper

    Repsol going to sue anyone who gets involved with YPF. Go Repsol.

    May 07th, 2012 - 06:37 pm - Link - Report abuse 0
  • TipsyThink

    Dont move around under the EU,,,doesnt care of trumped up members' colonies.

    May 07th, 2012 - 06:47 pm - Link - Report abuse 0
  • The Cestrian

    @7

    Unfortunately for you it does. The Treaty Of Lisbon for example recognises all of the British Overseas Territories including the Falklands as belonging to the UK, just as it recognises French Guyana (on the south american mainland) as French.

    Hard lines.

    May 07th, 2012 - 06:52 pm - Link - Report abuse 0
  • LEPRecon

    @2 - Pirat-hunter. Why are you so angry?

    Is it because your president continues to humiliate your country on the world stage. I hear she's going to crawl to the C24 committee on decolonisation on 14 June and BEG for their help.

    It won't make any difference though, that committee like your government is impotent and irrelevant.

    And no doubt any new trade clients you have will offer you BOTTOM dollar for your goods. After all, China and India can afford to be choosy. Your government has backed your county into a corner. And the rest of South America aren't going to sacrifice their own futures, not even for their good 'friends' from Argentina. They are already counting the increased profits they're going to make. :o)

    Las Islas Falkland seguirá siendo libre de opresión y de la dictadura argentina para siempre!

    May 07th, 2012 - 07:17 pm - Link - Report abuse 0
  • The Cestrian

    '9

    14 June should be an interesting day, especially as there will be representatives of the falkland Islands there (but not as usual the Uk govt). hopefully they will have something planned to make it a “nice” day for the fucked in the head RG president.

    As we know though the Decolonisation committee is now defunct thats why the Yanks, Brits etc. dont turn up. there are no more colonies in the world, they are all free to choose their own futures and in the case of the Falklands they choose to be British.

    May 07th, 2012 - 07:23 pm - Link - Report abuse 0
  • Conqueror

    @10 14 June needs to be the day this useless, incompetent committee is disbanded. The world has moved on, except for argieland. And that “committee” is “stacked”. Full of argie supporters. Kill it now! Sorry! Disband it now!

    May 07th, 2012 - 07:32 pm - Link - Report abuse 0
  • yankeeboy

    So Argentina has lost trade preferences in the 2 largest markets in the world. Brilliant!

    My prediction, EU will not negotiate with MercoSur on an FTA so Brazil and Uruguay will drop out and sign bi-laterally with EU and USA.

    May 07th, 2012 - 07:36 pm - Link - Report abuse 0
  • The Cestrian

    @11

    On 14 june we'll have the usual bolivians, Venezuelans etc. bleating on about “gringos”, “imperialists” and “colonialists” thus revealing that once more that the chip on their collective shoulders and inferiority complex against the developed world is alive and well.

    South America the gift that keeps on giving. They really need to fucking wake up and smell the coffee.

    May 07th, 2012 - 07:51 pm - Link - Report abuse 0
  • Stefan

    The EU is giving Argentina a broken nose before turning its attention towards internal political problems in France and Greece. The right thing to do, as Argentina isn't worthy of any real attention.

    May 07th, 2012 - 07:54 pm - Link - Report abuse 0
  • briton

    when the EU acts we will comment,

    action my friends, action .

    May 07th, 2012 - 08:10 pm - Link - Report abuse 0
  • Guzz

    So, basically EU says they can't do crap besides reducing a trade that already is being reduced by the minute?
    Wasn't that what happened when Venezuela kicked Exxon out?
    You fookers are nothing but air :) :) :)

    May 07th, 2012 - 08:26 pm - Link - Report abuse 0
  • GreekYoghurt

    If EU prevent selling to the Argtards, then we cannot sell them gas at a third more than what they were going to buy it for before they stole someone's property. Selling the Argtards stuff for way over market value is pretty good fun.

    May 07th, 2012 - 08:31 pm - Link - Report abuse 0
  • Redrabs

    Economics will kill Argentina as buying energy at world maker prices then subsidising by 30% would kill a healthy economy never mind which cannot borrow on world markets and whose currency is devaluing because of inflation of at least 20% perannum.

    What a pity it could have been a world power if not for Peronists

    May 07th, 2012 - 08:39 pm - Link - Report abuse 0
  • Guzz

    Mercosur says that cutting trade with Argentina equals cutting trade with Mercosur :) :) :)
    That means, for you titwits, no trade with Brazil :)

    May 07th, 2012 - 08:45 pm - Link - Report abuse 0
  • xbarilox

    @ 2 Sell it to Angola, for example?

    May 07th, 2012 - 08:49 pm - Link - Report abuse 0
  • GreekYoghurt

    @19 We don't want to cut trade. We want to keep selling them gas at 30% above market rate. We can do that all day every day.

    May 07th, 2012 - 09:07 pm - Link - Report abuse 0
  • The Cestrian

    @19

    you will no doubt be hoping that it sticks to that line otherwise you are fucked. eventually south america will go their own sweet way without argentina as you are too much trouble.

    the problem for RG land is that they are intent, like the cowards they are, to involve others in their disputes. Hopefully people will start to turn their backs on this pariah state.

    May 07th, 2012 - 09:11 pm - Link - Report abuse 0
  • PirateLove

    sounds like the nasty brown stuff is about to hit the fan, I wonder how much of it will stick to Trout mouth......Take Cover!!!!!

    May 07th, 2012 - 09:22 pm - Link - Report abuse 0
  • Lord Loverocket

    @18

    This is worth a read - an American correspondents take on why Retargentina is an international joke.
    http://www.nationalreview.com/articles/299154/what-s-wrong-argentina-matthew-shaffer?page=1

    May 07th, 2012 - 09:59 pm - Link - Report abuse 0
  • yankeeboy

    19. Mercosur will not be around much longer, it has been a failed experiment and will die a quick death when Uruguay and Brazil exit.

    May 07th, 2012 - 11:02 pm - Link - Report abuse 0
  • Condorito

    @2
    “Argentina has better commerce and fair trade with Pakistan, India or China”
    hahahahaha
    Good luck with that one.
    When China owns YPF you will wish it was still in Spanish hands. The EU (bigger economy than China and India together) is very reasonable and serious. They will only take limited action against Argentina. China will not be so reasonable.

    @13
    “South America the gift that keeps on giving”
    Only half of SAmerica needs to wake up the other half is wide awake. Chile has negociated more free trade agreements than any other country and has stayed outside the MercoSur. Peru and Colombia are following this route. Chile's credit rating is higher than most EU countries. There is a 2 speed SAmerica emerging with Argentina in the basket-case category.

    May 07th, 2012 - 11:10 pm - Link - Report abuse 0
  • Chicureo

    Stolen from Usurping Pirate and published here as a public service.)

    To : Mrs Cristina Fernadez de Kirchner
    President of the Republic of Argentina
    C/O Casa Rosada
    Plaza De Mayo
    Buenos Aires, Argentina

    Your Most Exalted Excellency,
    I am writing in response to your continued demands for the transfer of sovereignty of the Falkland Islands .
    Having consulted with my colleagues, the British readers of the Daily Telegraph and the Falklands Islands legislature, I am afraid your request has been refused.
    However, being British, magnanimous and fair , we cannot see you leave the negotiating table empty handed.
    HM The Queen has graciously commanded that henceforth, Liverpool and its dependencies, Widnes and Runcorn , will be ceded to Argentina in perpetuity.
    The population of Liverpool is very similar to the rest of the Argentine people, so will assimilate very quickly.
    You will also be pleased to know that the whole of Ireland is on Liverpool's continental shelf, so you will no doubt be claiming that as well, especially since a great part of the Spanish armada was wrecked off the Irish coast, which automatically makes it Argentine territory.
    The owners of Liverpool FC and Everton FC have confirmed they are looking forward to playing in the Belgrano League, though they admit away matches will be a bit of a strain.
    It's only fair to warn you that buying the votes of scousers will cost you a little more than votes in Lanus or Avellaneda.
    They will expect a council house, £300 pw, a pair of white trainers and a Plasma TV.
    As a thank you to your good self in being so patient with us, Her Majesty has graciously presented you with some Harrods gift vouchers, a William & Kate souvenir pack with a mug, tea towel and DVD and a brown envelope containing an unspecified amount of cash in US dollars.
    Yours sincerely
    The Right Hon William Hague
    Foreign secretary.
    her Britannic Majesty's Government
    London SW1

    May 08th, 2012 - 12:26 am - Link - Report abuse 0
  • Anti-Fascist

    Argentina is a product of colonialism, conquered by the sword, most of the natives killed and infected by disease, their land taken from them and worked by imported African slaves, oversean by imported European colonials. The African's who made up 50% of the population would themselves completely disapear from Argentina between 1850-1900 in what could have been a chilling fore runner to the disareances of the Dirty War in the 1970's when an estimated 30,000 Argentines were raped, tortured and murdered, many more were held illegally in detention camps and tortured. The true figure for the dead could be as high as 100,000, no one knows because there is little official documentation and most bodies were dumped in the sea.

    Argentina took land from its neighbours in numberous wars , civil wars and land grabs - Paraguay, Uraguay, Chile. Today Argentina despite the changed political landscape is still a nation characterised by uber nationalism. The claim to the Falklands was surendered in 1850 but reserected in 1941 by a fascist junta, which inc Peron, they thought their friends the Nazi were going to win the war, the Falklands looked easy picking.

    In 1982 Argentina was under the latest succession of a series of fascism military junta's. Their hold on power was looking precarious, in deperation they sort a war, Chile looked like a good victim, they already claimed lots of land and were ignoring the international tribunals that had ruled in Chile's favor. But then they changed their mind and invaded the Falklands. Today the war is romanticized by a nation ruled by a kind of cross between a Neo-Nazi uber nationalist and a Charvesta Revolutionary uber Marxist. The only thing missing is the land reform. Maybe that's for later? But as few natives remain, maybe they'll just ignore their rights... God knows they always have. An entire culture replaced by a European one. Entire languages destroyed.

    Timmerman should take time to read about his country's history.

    May 08th, 2012 - 02:41 am - Link - Report abuse 0
  • toooldtodieyoung

    27 Chicureo

    Comedy classic!!!! If it ever happened I wouldn't know who to feel sorry for, The Mickey Mousers for getting the Argentinians or the Argentinian's for getting all the pikey's in Liverpool!!

    Still, it's a brilliant letter

    May 08th, 2012 - 07:01 am - Link - Report abuse 0
  • ElaineB

    Walking around Buenos Aires with all the broken pavements and pot holes, I did think it could be a scousers paradise. They could trip, fall and claim every few meters. Alas, the local government would have no money to pay them.

    May 08th, 2012 - 08:56 am - Link - Report abuse 0
  • lsolde

    @27Chicureo,
    lf she reads it, she might take it up!
    How much cash was in that brown envelope?
    US Dollars of course.

    May 08th, 2012 - 09:48 am - Link - Report abuse 0
  • Chicureo

    Usurping Pirate deserves three cheers for originally posting this. I laughed so hard when first reading it, I decided to re-post.

    ( The cash in a brown envelope is the deal closer for Argentine politicians...)

    May 08th, 2012 - 11:55 am - Link - Report abuse 0
  • British_Kirchnerist

    #14 “The EU is giving Argentina a broken nose before turning its attention towards internal political problems in France and Greece”

    Problems indeed, for the pro-austerity right. Greece especially could learn a lot from the Argentine default and long boom =)

    May 08th, 2012 - 02:59 pm - Link - Report abuse 0
  • briton

    bubble gum

    May 08th, 2012 - 06:22 pm - Link - Report abuse 0
  • GreekYoghurt

    @33 I think you mean long shaft.

    May 08th, 2012 - 09:57 pm - Link - Report abuse 0
  • briton

    The EU is giving Argentina a broken nose before turning its attention
    at the moment, the EU has not done nothing .

    May 08th, 2012 - 11:00 pm - Link - Report abuse 0
  • ChrisR

    Ah but the scousers would be teaching the Argies a thing or two about thieving and 'scallywagging' that's for sure.

    May 10th, 2012 - 12:53 pm - Link - Report abuse 0

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