South America’s largest and most modern cruise terminal, Quinquela Martin, developed and operated by global port operator DP World Dubai Ports), was inaugurated this week by the President of Argentina, Cristina Fernández de Kirchner , together with Sultan Ahmed bin Sulayem, Chairman, DP World.
Disappointed and shocked with the self-centred performance of President Cristina Kirchner at the G-20 summit in Washington in 2008, a group of powerful countries seriously considered kicking Argentina out of the industrialized and emerging countries’ Group of Twenty.
The Argentine senate unanimously approved Wednesday a bill that bars companies and persons from participating in hydrocarbons exploration and exploitation activities in the Argentine continental platform (which includes the Falkland Islands), and proscribes fines for infractions and barring periods of time from 5 to 20 years for companies that violate the law.
The Argentine congress ratified this week the free trade agreement between Mercosur and Israel. The accord subscribed in 2007 and already passed by the Senate, was approved in the Lower House by 144 votes, 8 nays and 10 abstentions.
Argentina and Uruguay signed this week several agreements with the aim of improving bilateral trade, improving rivers’ navigation, social policies and other issues, within the Second Bi-national Meeting of Ministers in the framework of a relation described as ‘strategic’.
Uruguay and Argentina that played the final of the first World Cup in 1930 in Montevideo, announced Wednesday they have jointly launched a bid to host the 2030 World Cup to celebrate the centennial.
Following on Sunday’s electoral victory in the northern province of Catamarca, Argentina’s Cabinet Chief, Aníbal Fernández insisted that the Victory Front ruling party might go with a non-Peronist vice-presidential candidate on next October’s presidential elections.
Inflation in Argentina advanced 0.7% in February over the previous month pushed mainly by increases in the clothing sector (2.2%) and leisure activities (3.5%), according to the official Indec National Statistics Bureau. During the first two months of the year, the consumer prices index accumulated 1.5%.
A surprise ruling party victory in Argentina’s first provincial election of the year gives President Cristina Fernandez a boost before her likely re-election bid in October. CFK ally Lucia Corpacci ousted the current governor of Catamarca province, who sought a third term in Sunday’s vote.
Argentine President Cristina Fernández de Kirchner spoke at the official ceremony for the opening of the the new cruise ship terminal of the Buenos Aires City port and highlighted the importance of boosting tourism, which contributes to Argentina's growth and creates jobs.