A growing number of foreign investors are signaling interest in Argentina following the pro-market turn that newly-inaugurated President Mauricio Macri started showing since taking office. The latest financial player to endorse the country as a promising investment destination was JP Morgan Chase, the largest bank in the United States, where current Finance Minister Alfonso Prat-Gay worked in the past.
Argentina's divisive 2013 Memorandum of Understanding (MOU) with Iran was finally dropped became after Argentine Federal Judges Juan Carlos Gemignani and Angela Ledesma accepted a request filed by the president Mauricio Macri administration Justice Ministry to drop the Executive’s appeal to the Federal Cassation Court.
Argentine president Mauricio Macri pledged full support for Mercosur which he defined as a 'long term strategic project', called for a quick trade agreement with the European Union and closer ties with 'our partners from the Pacific Alliance'.
Mercosur full and associate members ended their Paraguay summit signing six joint statements, one of which in support of Argentina's sovereignty claim over the Falklands/Malvinas Islands and rejecting 'non authorized' hydrocarbons exploration in the Argentine continental shelf. This is the first regional document related to the Falkland Islands Argentine claim since Mauricio Macri took office last 10 December.
At a summit marked by strong differences between Argentina and Venezuela, Mercosur signed a statement in defense of the unrestricted support of human rights. Earlier in the day there was a serious exchange between Argentine president Mauricio Macri who demanded all political prisoners in Venezuela be set free, and president Nicolas Maduro foreign minister who replied that Macri was 'meddling' in Venezuela's affairs and was applying a 'double standard' on the issue.
Israeli Prime Minister Benjamin Netanyahu has made an official invitation to Argentine President Mauricio Macri to visit his country, Israel’s ambassador to Buenos Aires Dorit Shavit confirmed.
Argentina's Security minister Patricia Bullrich together with her provincial peers and security forces unanimously voted to decree a “national security emergency” with the purpose of combating the drugs trade and strengthening border areas.
Argentina announced on Tuesday an agreement between state-run oil company YPF and Dow Chemical to spend $500 million next year developing a natural gas project in the Patagonia region.
President Mauricio Macri's administration announced the end of restrictions on imports into Argentina, with the current controls of 'sworn statements' or DJAI, replaced by a system of automatic and semi-automatic licences.
Argentina's business friendly president Mauricio Macri, announced on Monday large tax cuts on agricultural exports and emphasizing that the camp was essential to get Argentina back on its feet. Macri, who took office Thursday, had promised to slash the steep taxes on agricultural exports, which triggered major protests by producers against former president Cristina Fernandez administration.