
Experts from South America, US, Europe, India and China will be discussing next week in Rosario, Argentina the possibility of an Asia-Mercosur grains and oilseeds market in which soybeans will be playing the leading trade role.

Argentina's international reserves have been declining for weeks as the central bank tries to stem the peso's slide against the US dollar, but policymakers have signaled that they intend to keep dipping into reserves to prevent an even swifter depreciation.

Argentina “is neither untouchable nor invulnerable” to the complicated global financial situation said on Wednesday President Cristina Fernandez who highlighted that had the crisis hit in a different time it would have obliterated Argentina.

Falklands-Malvinas is “under military occupation” and the military base “has more soldiers than the British civilian population occupying the Islands”, said Argentine ambassador before the United Nations Jorge Argüello during a conference at China’s International Studies Foundation.

With less than two months for the October 23 general election, Argentine President Cristina Fernández de Kirchner announced on Wednesday changes in the Universal Child Allowance (AUH), including the new rates for children under 18, disabled children and pregnant women.

Argentina could import 66 liquefied natural gas cargoes in 2011 triple the amount it purchased last year, according to data from state energy company Enarsa.

Argentina and Brazil defence ministers confirmed the two countries “strategic alliance” and subscribed a bilateral cooperation declaration emphasizing on the South Atlantic as “a Peace Zone, free of nuclear weapons”.

A free trade agreement, (FTA), between China and Mercosur could be “something extraordinary”, said Argentine Foreign Affairs minister Hector Timerman who next Thursday begins a political and business mission in Beijing.

Argentine car makers set a new record for production in August, cranking out 84,655 vehicles amid brisk economic growth, an ongoing consumption boom and soaring exports to Brazil.

The growing Chinese middle class which could reach 500 million people by 2025 will be the great locomotive for commodities demand in the coming decades benefiting countries such as Argentina according to an Asian affairs and trade expert.