MercoPress. South Atlantic News Agency
Argentina and Chile “indissolubly twinned countries”, underlines president Fernandez
Sebastián Piñera and Alberto Fernandez with their cabinet members in the presidential palace, Casa de la Moneda, Santiago de Chile Argentina and Chile are “indissolubly twinned countries”, said Argentine president Alberto Fernandez during the ceremony at the Palacio de la Moneda in Santiago where, next to his peer Sebastián Piñera, and members of their cabinets, they signed several accords and a joint declaration.
The event was the outstanding point of the two-day State Visit in which both leaders addressed political, trade, defense, foreign policy, connectivity and sanitary issues. The two countries have been hard hit by the pandemic and its consequences and both face significant challenges later this year.
Argentina is holding midterm elections in October for the partial renewal of the Legislative and the president Fernandez administration is targeting a majority in the Lower House to implement constitutional amendments.
Chile will vote for a constitutional convention next April that will rewrite the country's main chart, a legacy from dictator General Pinochet, which in late 2019 triggered weeks of massive protests, arson, damages, clashes, police brutality bringing to light the inequality and wealth concentration that the Chilean economic model had sponsored. Later in November, a presidential election is scheduled which will mark the end of Conservative Piñera's government .
“I'm here with president Piñera to see how we address the future together, Chileans and Argentine, in unity, as it must be, and trying to see how we can make our countries and the continent stand up after such a merciless blow as the pandemic”, added Fernandez.
President Piñera said that the visit reflects the will and commitment of both governments and countries to continue with closer friendship and collaboration links, “links which are deep and historic.”
The Chilean leader described the visit of his peer Fernandez to Chile as fruitful and deep since it allowed to draw a road map as to how continue to strengthen friendship and collaboration between Argentina and Chile.
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Read all commentsAt least Alberto Fernandez was very cordial and certainly it was a dog and pony show for the press.
Jan 27th, 2021 - 11:44 am 0Two countries on very different trajectories as Argentina's economy is disenfranchised from reality.
Estimado THINK
Jan 27th, 2021 - 02:34 pm 0I sincerely applaud your optimism!
Just curious — what will be the current estimated Argentine inflation rate for the 2021 fiscal year? Obviously in the double digits — but perhaps TRIPLE...
Cheers!
Estimado THINK
Jan 27th, 2021 - 04:02 pm 0Let's hope your bright optimism disproves current reality...
My skiing buddy in San Juan reported that he was seriously worried about inflation and the exchange rate. (If he did not have sheltered savings abroad — he mentioned to me that he'd be ruined.)
The Financial Times has a recent remarkable article...
QUOTE: Argentina’s inflation rate hit 53.8 per cent in 2019, climbing to its highest level in almost three decades and underlining the scale of the challenges facing the embattled country’s new leftist president, Alberto Fernández.
The national statistics agency announced on Wednesday that prices rose 3.7 per cent in December after renewed currency volatility ahead of elections last year, confirming Argentina’s place among the top five countries with the highest inflation rates in the world — behind Venezuela, Zimbabwe, South Sudan and Sudan
https://www.ft.com/content/e6f5c436-37d2-11ea-a6d3-9a26f8c3cba4
¡Saludos!
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