Argentine president Cristina Kirchner will be signing 10 billion US dollars in trade agreements with China during her official visit to the Asian giant scheduled to begin next July 13, according to Foreign Affairs minister Hector Timerman.
Towards the end of the year Argentina’s YPF in association with Pan American Energy and Petrobras will begin exploring for oil in the Malvinas basin, following the contract for an oil rig which has been signed, according to oil industry sources in Buenos Aires.
Argentina’s Lower House issued on Tuesday a majority opinion, without dissent, on the bill that contemplates sanctions for companies that operate in Argentina and that wish to participate or are involved in oil activities in the Falklands/Malvinas Islands area under British administration.
Pressure is mounting in Argentina for pickets blocking an international bridge leading to Uruguay to be ordered removed by a court order, following Wednesday’ presidential summit when Uruguay’s Jose Mujica and Argentina’s Cristina Fernandez de Kirchner agreed on a joint agenda of pending issues.
Argentina is a showcase for the world in the research and development of nuclear energy for peaceful purposes and this has been the excellent work of Argentine scientists helping to keep the country’s Atomic Energy Commission (CNEA) alive, said President Cristina Fernandez de Kirchner on the sixtieth anniversary of the institution.
Foreign Office Minister Jeremy Browne has said there “cannot be negotiation on sovereignty unless and until the Falkland Islanders so wish,” following a statement by the Argentinean President.
Buenos Aires City mayor Mauricio Macri and a former city Education Minister, Mariano Narodowski were prosecuted Friday on charges of illegal wiretappings. Federal Judge Norberto Oyarbide also seized 250,000 pesos from the mayor for considering the case a conspiracy.
London reaffirmed British sovereignty over the Falkland Islands rejecting a call Friday from Argentine President Cristina Kirchner to new Prime Minister David Cameron to halt all oil exploration in the waters around the Falklands.
The Argentine government said it will refinance 89% of the debt that most of the country’s provinces hold with the federal government, announced President Cristina Fernandez de Kirchner and Economy Minister Amado Boudou.
In an extensive report, the Task Force Argentina (TFA)—which represents Italians holding some 4.5 billion US dollars in defaulted Argentine sovereign bonds—gave an ambiguous declaration over Argentina's debt-swap plan.