Brazilian Industry Secretary Alessandro Teixeira said on Wednesday that no progress has been made so far regarding the trade impasse over Brazil’s import delays for Argentine cars and auto parts, but denied any crisis with Argentina since negotiations are on-going.
Uruguay and Argentina have received interest from 39 companies to build infrastructure for a floating LNG terminal, a project they are fast-tracking to start operations by the end of 2013, a project adviser said Tuesday.
Brazil and Argentina agreed to monthly meetings on commerce, Argentina said, as the neighbouring countries try to overcome tensions that flared earlier this month over car imports.
Chilean prosecutors have opened an investigation into an alleged bribe paid to a former Argentine minister by Chile’s flag carrier Lan sometime in 2006/2007 to help with the opening of operations in Argentina. At the time Chilean president Sebastián Piñera was the main share holder of the airline.
A leading and respected Argentine Senator forecasted he is certain that President Cristina Fernández de Kirchner will be seeking re-election in the October presidential elections, and assured that her recent clash with the organized labour CGT unions’ umbrella are “nothing but mere disagreements.”
Ford Motor Argentina is the latest carmaker to sign an agreement with the government to boost exports to compensate for increased imports. Ford has vowed to boost its export surplus to 90 million USD by 2012, the Economy ministry said in a press release Monday. That follows a deficit of 250 million USD in 2010.
Argentina's trade surplus narrowed 38% in April compared to a year ago with imports increasing far more swiftly than exports, official data showed on Monday.
The best way to cool soaring food prices is to boost output, the Argentine government said, following talks on a French proposal for increased regulation of commodity markets in the framework of a G20 meeting in Buenos Aires.
Two Norwegian flagged vessels contracted in support of Argentina’s YPF oil rigs in the South Atlantic but which rumours had them working for the Falkland Islands, triggered major rioting and protests Friday and early Saturday in the city of La Plata.
Argentina and Chile Antarctic organizations are planning this year’s edition of the Search and Rescue training operation which is scheduled to take place sometime between August and September in the Antarctic Peninsula