Honda plans to start manufacturing automobiles in Argentina next year, when the Japanese automaker’s plant in Campana, a city on the outskirts of Buenos Aires, opens, the press reported, citing company executives.
Former president Nestor Kirchner said Argentina needs a “strategic project for the next ten years” and forecasted that investors will arrive knowing the country has an established proven development model.
Argentina’s newly appointed Foreign Minister Héctor Timerman said that China expressed “strong support” for Argentina’s sovereignty claim over the Falklands and other South Atlantic islands, but was disappointed by the bias coverage of the Buenos Aires press.
Argentina's economy grew at its fastest pace in nearly two years in April, expanding 9.7% percent from a year earlier, the government announced on Friday. Increased consumer spending and demand for Argentina industrial products, particularly automobiles, from Mercosur partner Brazil helped to boost the economy.
Argentina has reached an agreement with China to end the freeze on Argentine soy-oil imports, the government said on Friday. However given the cumbersome negotiation process some Argentine traders are waiting for an official confirmation from Beijing.
Argentina’s newly appointed Foreign Affairs minister Hector Timerman begins next Tuesday a round of regional contacts which will take him to Uruguay, Brazil and Chile.
Brazil and Argentina made significant advances in outstanding bilateral trade issues following a joint meeting Thursday between top policy makers, Brazilian Finance Minister Guido Mantega told reporters.
Brazil said on Thursday that the sovereign debt swap process led by the Argentine government and its economy administration was successful.
The United Nations Decolonisation Committee unanimously approved a resolution calling on Argentina and the United Kingdom to ensure the dialogue process and resume negotiations for a peaceful solution to the Falklands/Malvinas question.
Uruguay is considering an alleged Argentine violation of the UN Nuclear Security Convention since it was never notified of the construction of the Atucha II atomic power plant, 100 kilometres to the north of the capital Buenos Aires and which is one of the country’s main public works.