Argentina ratified this week the free trade agreement reached between Mercosur and Israel, the first to be signed by the South American block with an outer zone party.
Uruguay has condemned statements denying the Holocaust made by Iran's ambassador in Montevideo Hojatollah Soltani
Israel Aerospace Industries signed a joint venture with Brazil's Synergy Group to manufacture Unmanned Air Vehicles (UAV) (drones) to fight drug trafficking in Brazilian borders under the condition that the aircrafts are not sold to Venezuela.
Relatives of victims of the 1992 attack on the Israeli Embassy in Buenos Aires will receive compensation from Argentina.
Israel's Finance Ministry has approved funding for the construction of the largest water desalination plant in the world. Under construction in Sorek, central Israel, the plant is scheduled to be completed in 2013 at a cost of 400 million US dollars.
Israel’s role during the 1982 Falkland Islands conflict as a willing supplier of arms, equipment and other materials to Argentina has been revealed in a book titled “Operation Israel: the rearming of Argentina during the dictatorship (1976/1983)” written by Hernan Dobry, with an advance published over the weekend in Buenos Aires daily La Nacion.
Tapes revealed by Germany’s Der Spiegel shed light on the life of a fugitive Nazi criminal in Argentina after the Second World War (1939/1945). Contrary to his claim during his trial in Israel that he was only following orders, Adolf Eichmann boasted to his friends that he was part of decision making process.
Argentina’s Foreign Affairs Minister Héctor Timerman began his first official trip to Israel and denied offering to “forget” Iran's role in attacks against Israel's Embassy in BA and AMIA Jewish Community Centre in exchange for improved trade ties with Teheran.
Israel will follow with a critical eye the United Nations organized forum on the Israel-Palestine conflict which opened Tuesday in Montevideo, because whatever the results, the Israeli government is ‘particularly interested in the Uruguayan government’s position’.
Israel may cancel a visit by Argentina's foreign minister after a report that the country told Iran it would stop investigating two bombings of Jewish targets in exchange for better trade relations.
Argentinean Foreign Minister Hector Timerman is scheduled to visit Israel next week.