Argentina's Ambassador to Bolivia Ariel Basteiro Friday said an addendum to the current agreement will bring forward from 2026 to mid-2024 the end of the gas purchase contract between the two countries.
Argentina's Economy Minister and presidential candidate Sergio Massa Thursday announced the lifting of all export taxes to the sales abroad of regional economy products with added value, it was reported in Buenos Aires. The measure favors the agro-industrial sector which features over 1,200,000 registered workers.
Argentine President Alberto Fernández Thursday said his country would guarantee the supply of natural gas to neighboring Chile until Dec. 31, 2024, it was reported in Buenos Aires. With Bolivia's production declining, South America is looking to Vaca Muerta as a possible source, it was also explained. Between January and July, Argentina sold Chile US$ 556 million worth of natural gas, an 86.8% growth from the same period last year.
Overwhelmed by its financial problems and lack of foreign currency, which seriously limits international trade, there is an increasing position among some Argentine government theorists that Brazil's better performance could help its Mercosur partner with loans and other credit instruments to keep the country's activity going and safeguarding jobs.
Authorities in the port of Mar del Plata have started administrative proceedings against the Panama-flagged Frio Marathon frozen cargo ship stemming from Stanley in the Falkland/Malvinas Islands without an Argentine permit. The vessel had been sailing the archipelago since 2014 and could now face a high fine, it was explained.
Car manufacturing in Argentina grew year-on-year, according to a report released Tuesday by the Association of Automotive Manufacturers (Adefa), which showed production reached 408,486 units, 19.5% higher than the 341,788 units from the same period of 2022. Adefa also said 63,455 vehicles were built in August, 17.4% more than in the same month of 2022 and 28.8% above July's figures.
Libertarian Congressman Javier Milei remained the top contender for the Oct. 22 presidential elections, according to a survey by the consulting firm Opinaia released Monday in Buenos Aires.
Libertarian Congresswoman and vice-presidential candidate Victoria Villarruel Monday paid a tribute to the victims of acts of terrorism committed by guerrilla groups such as Montoneros and ERP in Argentina in the 1970s. Villarruel is the daughter of a former commander of the war in the Falkland Islands, imprisoned for his participation in crimes during the last military dictatorship (1976-1983).
Citing security concerns and possible drug trafficking, Argentine authorities have upped their controls on Paraguayan barges sailing through the Paraná River, it was reported in Buenos Aires.
Bolivian president Luis Arce, announced on September 1st. that the country’s natural gas reserves have been depleted, and exports to Argentina and Brazil will be interrupted, leaving a massive hole in the economy of the country.