Friday, November 27, 2015

President-elect Mauricio Macri Signals Radical Change in Argentina


Richard Spencer, investorintel.com

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Excerpt:
In the first few days since he won the presidential election in Argentina, President-elect Mauricio Macri has already shown a glimpse of what can be expected of his economic and foreign policy – and it’s a radical change. The new government takes office on December 10th, 2015. ...
USA: The head of the Foreign Relations Committee of the House of Representatives, Republican Ed Royce, and Committee member Democrat Eliot Engel, sent a letter to President Obama asking him to prioritize revitalizing relations with Argentina. The letter states: “The United States and Argentina should be natural partners. Both have highly educated populations, diversified economies and vast natural resources. As a renewed partnership would be a win-win for the two countries, respectfully we urge you to consider the following actions in order to revitalize the bilateral relationship in the coming months”. The Committee members went on to make six specific recommendations for improvement of the bilateral relationship between the countries including: renewed public diplomacy, initiation of high-level economic dialogue, the offer of technical assistance on economic and trade issues, supporting the resolution of arbitration claims and conflict with the “holdout” bond-holders, promoting regional leadership and enhancing cooperation against drug trafficking. 

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