President Cristina Kirchner received China's visiting Agriculture Minister Han Changfu on Monday at Government House in Buenos Aires, formally ending a six month trade war that threatened Argentina's standing as the world's leading soybean oil exporter.
With the staring participation of UN Secretary General Ban Ki-moon, the United Nations' Assembly held a special session Monday to pay tribute to former Argentina president and UNASUR Secretary General, Néstor Carlos Kirchner, who passed away on October 27, reported Argentine ambassador to the UN Jorge Argüello.
Bilateral trade among Mercosur main partners, Argentina and Brazil is expected to reach a “historic record” of almost 34 billion US dollars this year, 80% of which mostly manufactured goods, according to Argentine Industry minister Deborayh Giorgi, who also anticipated that the deficit would drop 30%.
Uruguay and Argentina announced they had reached a final “scientific” agreement for the joint environmental monitoring of the UPM-Botnia pulp mill in shared waters and which delaying the implementation of a bilateral agreement.
Argentine businessmen from different sectors showed their concern about the upward trend of the inflation and assured that the real volume doubles the one reported by the Indec national statistics bureau.
Fissures inside the Argentine cabinet are surfacing and refer to one of the most irritating issues for the administration of President Cristina Fernandez de Kirchner: inflation or no inflation.
Uruguayan president Jose Mujica was critical of Argentina’s economic policies and of the recent organization for the funeral of former president Nestor Kirchner. He also admitted it would be “difficult” to reach a definitive agreement with Argentina regarding the long standing UPM-Botnia pulp mill conflict.
Sales of farm machinery in Argentina soared 73% totalling 7.074 units, in the third quarter compared to the same period a year ago and 33.6% over the previous quarter according to the latest release from the Statistics and Census Office, Indec.
Argentina’s main opposition group the so called “Federal Peronism”, dissidents from the ruling movement admitted going through a serious “crisis” because of the diverging opinions amongst its leaders, several of them 2011 presidential hopefuls.
Fisheries landings in Argentine ports totalled 594,949.9 ton inn the first ten months of 2010, which is 3.1% higher than in the same period a year ago, when landings reached 576,623.7 tons. The slight increase was due largely to improved catches of squid (Illex argentinus).