German industrial conglomerate Siemens AG signed a letter of intent on Wednesday to participate in up to US$5.6 billion of energy, transportation and infrastructure projects in Argentina, Chief Executive Joe Kaeser said.
British Petroleum is looking to increase its investments in Argentina after seeing “tremendous change” in the country since President Mauricio Macri took office nine months ago, CEO Bob Dudley said on “Bloomberg Markets” this week. Argentina just “feels different,” Dudley told Bloomberg's Erik Schatzker at the inaugural Argentina Business Investment Forum in Buenos Aires.
The Falkland Islands Government (FIG) has welcomed the agreement made between the Argentine and United Kingdom Governments, laid out under this morning’s joint statement. Speaking to the media, Members of the Falkland’s Legislative Assembly stated they “looked forward to a better relationship with Argentina”, especially in the areas of hydrocarbons, fisheries, shipping and tourism.
The chapter on the South Atlantic establishes that the 1989 formula on sovereignty of the Falklands will not be affected and that the appropriate measures will be taken to remove all obstacles limiting the economic growth and sustainable development of the Islands
The Minister of State for Europe and the Americas, Foreign and Commonwealth Office, Sir Alan Duncan, visited Argentina on 12 and 13 September. The principal reason for the visit was to enhance bilateral consultations with the Argentine Foreign Ministry and attend the Business and Investment Forum organised by the Argentine Government.
The British Government and the Government of Argentina have agreed to an improved relationship through closer co-operation on areas of mutual interest, including on trade, security and the South Atlantic. A UK-Argentine joint statement has been agreed and released on Tuesday 13 September, following a series of high level meetings in Buenos Aires with Sir Alan Duncan - the first Foreign Office Minister to visit Argentina since 2009.
Argentine president Mauricio Macri described as a “gesture” the attendance of Foreign Office minister Alan Duncan at the Business and Investment forum in Buenos Aires, and anticipated that UK and Argentina are preparing a bilateral meeting next week in New York on the sidelines of the annual UN general assembly to address all issues including Falklands/Malvinas.
The world's second largest meteorite has been discovered in northern Argentina, a news report says. A team of experts found the 30,800 kilogram meteorite buried in the province of Chaco, about 800 kilometers northwest of Buenos Aires on Saturday, the news agency Telam reported.
Argentina's ex-president, Cristina Fernandez, has been subpoenaed to testify next 20 October as part of an investigation into the awarding of public works contracts during her 2007-2015 administration, according to court papers filed on Monday. She denies wrongdoing and corruption claims, and accuses Argentina's current leader, Mauricio Macri, of using the courts to persecute her.
The president we have now is normal, he has common sense and he wants to make the country normal and sooner than later, we'll be there; he has a normal world in his head, said Carlos Melconian, head of Argentina's Bank of the Nation in reference to president Mauricio Macri, during a conference in Montevideo where he was invited to talk about Argentina, the new rules of the game and their impact for Uruguay,