
Argentine Foreign Minister Santiago Cafiero signed an agreement in Seoul with steel company Posco, whereby the South Korean company will invest US$ 1.7 billion for the production of lithium carbonate in the provinces of Salta and Catamarca.

Libertarian contender Javier Milei's victory in the Aug. 13 Mandatory, Open, and Simultaneous Primary (PASO) elections in Argentina was not as appalling as it seemed, it was reported Thursday in Buenos Aires after the final vote count was released.

Paraguay, Brazil, Bolivia, and Uruguay insisted Wednesday on their objections to Argentina collecting tolls on the Paraná River Waterway and demanded the latter to halt that practice until it demonstrates services effectively rendered to navigation justify the measure.

Uruguayan singer Facundo Cedrés, better known as Pekeño 77, has been arrested twice in Argentina in recent days. On Saturday, he was arrested in Buenos Aires for “suspicious attitude” when police officers observed a Ford Ecosport van entering a service station. Cedrés was one of three Uruguayan citizens in the van and identified himself as Pekeño 77. The police seized the van, tools, and a significant amount of money in US dollars and Argentine pesos. He was released after the arrest.

Argentine Foreign Minister Santiago Cafiero Tuesday met in Tokyo with Prime Minister Fumio Kishida to discuss further Japanese investments in the South American country, where there are already some 70 leading companies from the Asian power.

Success and the brilliant sportsmanship spirit from the Falkland Islands hockey teams, and their trophies, at the Punta Arenas Winter Cup, could not have come with some acid comments from Argentina.

Paraguay's recently instated president, Santiago Peña said he will continue engaging in dialogue with Argentina to reach a resolution regarding toll charges on the Paraguay-Paraná Waterway. “We do not deny the option of toll charges, but it should be an agreement among the five countries that use the waterway,” he asserted.

Uruguayan businessmen have expressed their concern after over 100,000 residents crossed the border over to Argentina during the three-day Aug. 25 Independence Day long weekend to capitalize on a favorable exchange rate, it was reported on both shores.

Argentina's Economy Minister and presidential candidate Sergio Massa Monday announced after a meeting with his Brazilian colleague Fernando Haddad and with President Luiz Inácio Lula da Silva that an agreement had been reached to finance imports worth US$ 600 million, among other achievements.

Paraguayan banana exporters met Monday in Asunción with Foreign Minister Rubén Ramírez Lezcano to seek help from the government in order to collect the debt from Argentine buyers who are behind in their payments of some US$ 6 million, it was reported. The producers fear the problem might get worse if no action is taken.