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Argentina


US trade sanctions seek to pressure Latin America
The US government’s announcement that it will review the possibility of limiting, suspending, or withdrawing trade preferences under the General System of Preferences (GSP) to three Latin American countries—Argentina, Brazil, and Venezuela—is political pressure to make these nations participate in the model of regional integration proposed by the United States.
Azurix wins $165 million vs Argentina in latest ICSID ruling
Former Enron Corp. (ENE) water unit Azurix Corp. has been awarded $165 million against Argentina in the latest ruling on dozens of international arbitration claims brought against the country by foreign companies. A person familiar with the situation confirmed Tuesday that both parties were informed Monday of the decision by a tribunal at the International Center for the Settlement of Investment Disputes, or the ICSID.
MERCOSUR: Uruguay sues Argentina
The Southern Common Market Claims Court is hearing Uruguay’s case against Argentina due to road blocks by Argentinean citizens on international routes.
UN court allows Uruguay pulp mill project
The United Nations’ highest court has ruled that Uruguay does not have to suspend building two giant pulp mills that neighbouring Argentina says will harm the environment.
Mexico, Argentina sign extended agreement
Mexico and Argentina signed an extended trade and investment agreement Thursday increasing the number of products given preferential tariff treatment by the two countries.
South American Ministers vow to avoid TRIPS-plus measures
The Ministers of Health of ten South American countries issued a joint declaration on intellectual property committing themselves to avoid "TRIPS plus" provisions in bilateral and regional trade agreements, to facilitate the use of compulsory licensing and parallel importing and to avoid broadening the scope of patentability and the extension of patentable areas.
US ’always in the driving seat in FTA talks’
The economic strength of the United States makes it "virtually impossible" for developing nations to negotiate a fair bilateral free-trade agreement, according to Argentina’s new ambassador to Thailand.
Uruguay rejects President’s plea to halt pulp mills
Under an investment treaty signed by Uruguay and Finland in 2002, Uruguay would have to pay heavy damages if it ordered the suspension of work on the Botnia factory.
South America trade zone faces challenges
Mercosur is becoming more of a political body than a free-trade advocacy group.
US Grains Council on US-Peru FTA
"With this agreement, we are looking forward to gaining a significant portion of a market that has been dominated by Argentina in the past."
Clash of visions for Latin America
It’s Bush vs. Chavez as 33 heads of state meet Friday for Summit of the Americas.
FTAA talks divide Latin American countries
The talks on a future Free Trade Area of the Americas (FTAA) have divided Latin American states into different interest groups prior to the 4th Summit of the Americas to be held in Argentina on Nov. 4-5.
Groups to rally against Bush in Argentina
"We think his policies are totally contrary to what we want for Latin America and are promoting genocide, domination of workers and their communities and the plundering of natural resources," said Argentine labor leader Juan Gonzalez, who is heading a protest "People’s Summit" coinciding with Bush’s visit Thursday through Saturday.
Tribunal OKs treaty-shopping for better arbitration options in Gas Natural case
Another international arbitral tribunal has weighed in on the question as to whether “Most-Favored Nation” treatment offers foreign investors access to more favorable dispute resolution options found in other treaties.
Bilateral Treaties to Promote and Protect Foreign Investment within the Americas: an alternative to the FTAA
Sovereign states are the original right bearers. They have to denounce bilateral investment treaties or their most arbitrary clauses following the procedures provided, in accordance with the legal principles of democratic constitutions; to recover their legislative and jurisdictional powers, by retrieving their inherent jurisdiction which had been delegated to international foreign tribunals, allowing them to rule on the general regulatory or contractual policies of independent nations.
Argentina to seek annulment of ICSID ruling in favour of CMS Energy
The Argentine government said it will try to annul a ruling by the World Bank’s International Centre for Settlement of Investment Disputes (ICSID) in favour of US company CMS Energy Corp.
Scotiabank files $600M US claim against Argentina
Scotiabank has filed a $600 million US compensation claim against Argentina, claiming that "discriminatory" actions taken by Argentine authorities led to the total loss of its investment in its Scotiabank Quilmes subsidiary in 2002.
CMS vs Argentina
Decision of ICSID Tribunal (July 17, 2003) in regard to objections to jurisdiction in CMS Gas Transmission Company vs The Republic of Argentina. CMS bases its claim against Argentina on a 1991 Argentina-US Bilateral Investment Treaty (BIT).
Lamy says EU-Mercosur trade talks in Buenos Aires are crucial
European Trade Commissioner Pascal Lamy said Tuesday a new round of talks between the European Union and Mercosur in Buenos Aires will be crucial if the negotiations are to be concluded as planned by October.
Mercosur for sale? The EU’s FTAA and the need to oppose it
Negotiations on a free trade agreement between the European Union (EU) and the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) have entered their decisive stage.