On December 2, President Donald Trump announced Section 232 tariff exemptions previously granted to Argentina and Brazil would terminate “effective immediately.” In his December 2 tweet, President Trump criticized the two countries for “presiding over a massive devaluation of their currencies, which is not good for [U.S.] farmers.” The U.S. reached agreements with Brazil and … Continue Reading
Earlier this month, the Argentine government published a public tender for the construction and operation of a 487 kilometer, high-voltage electricity network, five substations, and ancillary 132 kV infrastructure, ultimately involving five provinces. This project aims to relieve current transmission congestion and increase the capacity of the country’s existing transmission network through a 15 year … Continue Reading
During a recent visit to Washington, DC, Argentina’s Minister of Production and Labor, Miguel Braun, stated that Argentina’s government continues to strengthen its economy by focusing on increasing foreign direct investment to the country. Minister Braun also stated that, while preparing for presidential elections in October 2019, President Mauricio Macri will continue to implement economic … Continue Reading
Since President Mauricio Macri’s election in 2015, the global community has been closely watching South America’s second largest economy for signs of stability and economic growth. Positive signs persist in this first half of 2017. The OECD June 2017 economic forecast indicates that Argentina has exited recession and points to wide-ranging structural reforms as a … Continue Reading
2017 will be a year of truth for Argentina’s ambitious renewable energy program (“RenovAR”), which launched in 2015 and set a mandatory renewable energy target of 20 percent by the end of 2025, with incremental targets every two years. In addition to implementing positive reforms in the energy sector, the RenovAR program signifies an effort … Continue Reading
