
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.

Argentina's National Agrifood Health and Quality Service (Senasa) Monday confirmed three more cases of avian influenza had been detected in sea lions along the country's Atlantic Ocean coast.

Lithium exports from Argentina are poised to increase in the coming years, specifically from 34,000 tons to 400,000 tons of lithium carbonate, as mentioned by the Mining Secretary, Fernanda Ávila in Buenos Aires.

The latest International Monetary Fund (IMF) report on Argentina highlighted that the targets for reserve accumulation, fiscal deficit, and monetary financing of the deficit were missed “by wide margins.” As a result, imbalances have increased, so “further expenditure control will be needed throughout the election period.” The 1.9% GDP fiscal deficit target remained unchanged.

Argentina's Economy Minister and presidential candidate on behalf of the Ruling Unión por la Patria (UP) Sunday announced a series of measures towards improving the people's situation through the current crisis ahead of the Oct. 22 elections.

Argentina will continue to collect tolls from barges sailing through the Paraná-Paraguay River Waterway because it is something that was contemplated, Foreign Minister Santiago Cafiero said this weekend after his Paraguayan colleague Rubén Ramírez's announcement last week otherwise. A toll is not going to define the relationship between both countries,.

Coast Guard and port authorities in the Argentine beach resort of Mar del Plata Saturday closed the South breakwater after the National Service of Agrifood Health and Quality (Senasa) confirmed two cases of the Highly Pathogenic Avian Influenza (HPAI) H5 in sea lions in the area where 4 dead specimens were found.

Paraguay's President Santiago Peña and Argentina's Economy Minister and presidential candidate Sergio Massa met in Asunción Thursday to discuss the Yacyretá hydroelectric dam and the Paraná River waterway, among other topics of bilateral interest.