
Argentine president Mauricio Macri said he wants to reach an agreement with the UK that will enable collaboration in areas of mutual interest, despite the dispute over the Falkland/Malvinas Islands, although 'we will never drop Argentina's historic claim on the issue'.

Argentina and Great Britain are close to reaching an agreement on procedures for the identification of the Argentine combatants buried at the memorial in the Falkland Islands, reports Clarin, Apparently discussions are quite advanced and an Argentine proposal was replied by a Foreign Office counter proposal.

By Andrés Cisneros (*) - With the reinstatement of the 'impasse' on the issue of the Malvinas Islands, the Argentine government has made a wise decision. Not only because it puts in course again something proven useful in the past, but also because, looking into the future, there is no better path to the solution of the problem. It's not the mere restoration of a policy (good or bad) which already happened.

The pound hit its lowest level against the dollar in almost seven years on concerns about a possible UK exit from the European Union. At one stage the pound was down as much as 2.4% at $1.4058, its lowest level since March 2009, before later recovering.

British Prime Minister David Cameron will face MPs later as he presents his case for the UK remaining within a reformed European Union. The PM will outline details of last week's deal with EU leaders, which paved the way for him to call a referendum on EU membership on 23 June.

Foreign minister Susana Malcorra said that analyzing the different scenarios in the UK regarding the Falklands/Malvinas sovereignty dispute, there is a horizon of possibility for Argentina to have a dialogue on the issue.

The Argentine government expressed its 'concern' to the UK over Defense minister Michael Fallon's visit to the Falkland Islands where he spent time with the military at MPA and met with Falklands elected government authorities and members of the community, according to media reports in Buenos Aires.

Buenos Aires daily La Nacion dedicated its main Friday editorial to the Falklands/Malvinas dispute, (A change in the policy towards Malvinas), underlining the new Argentine government's position promoting bilateral relations on all issues with the UK, but never forgetting the 'deep difference' over the Islands.

Prime Minister David Cameron hailed on Friday a landmark special status deal for Britain in the EU, and pledged to campaign heart and soul to stay in the block in a historic referendum scheduled for June.

The Falkland Islands is one of Britain’s biggest military bases and as part of the UK was, “entitled to its cut of the defense budget,” Secretary of State for Defense Michael Fallon MP said on Tuesday as he visited the Falklands for the first time.