Argentine President Cristina Fernández praised on Tuesday the United Nations General Assembly approval of a project that proposes legal framework to regulate restructuring of foreign sovereign debt, saying “Argentina has set an international leading case” with the initiative.
The United Nations General Assembly voted overwhelmingly on Tuesday in favor of a legal framework that would help regulate restructuring of foreign sovereign debt, a project that was suggested by the Argentine government and presented before the assembly by the Group of 77 plus China.
Argentine President Cristina Fernández de Kirchner is expected in New York Wednesday to meet an intensive agenda that includes addressing the UN General Assembly next Friday when a strong call for Falklands/Malvinas negotiations is expected.