News of deal

IMF moves goal-posts for Argentina – no definitions until April

13-12-2024 15:25 The International Monetary Fund has presented Javier Milei with two conditions which must be met before any further remittance beyond the US$44.5 billion loaned to Mauricio Macri – obtain Congress endorsement for taking on new debt and making structural changes.

by Carlos Burgueño

Milei evaluates Argentina’s future in Mercosur

28-11-2024 15:36 Argentina's government is evaluating its future relationship with the Mercosur trade bloc – the plans it has in mind and the possibilities of a break-up.

Milei visits Trump’s home turf eyeing free-trade deal with US

14-11-2024 15:36 President travels to Florida to attend CPAC forum at Trump’s Mar-a-Lago resort; Milei seeks US-Argentina free-trade deal, cooperation on intelligence, introduction of “League of Conservative Nations.”

Delayed, stalled... but is EU-Mercosur free-trade deal imminent?

30-10-2024 19:58 Rumours are growing that the long-stalled, much-awaited free-trade deal between the European Union and Mercosur could be announced before the end of the year, perhaps even at next month's G20 summit in Brazil.

EU commission expresses 'frustration' over stalled EU-Mercosur trade deal

12-04-2024 09:41 European parliamentary delegation responsible for relations with Mercosur has failed to seal deal, much to the “frustration” of EU lawmakers.

Germany's Scholz stresses importance of EU-Mercosur agreement

05-02-2024 20:16 Germany is one of the most fervent supporters of an agreement between the European Union and Mercosur nations. France, however, is starkly opposed.

Macron asks EU’s Von der Leyen to stop Mercosur trade deal

30-01-2024 07:27 French President Emmanuel Macron asks European Commission President Ursula Von Der Leyen to end the current round of negotiations over free-trade deal between EU and Mercosur trade bloc.

Government postpones IMF payments as it seeks new deal

04-01-2024 00:40 While awaiting the arrival of IMF officials for crunch talks over its multi-billion-dollar programme, Argentina’s government wants to unify its January commitments and push them to the end of the month.

by Ramiro Speranza

Argentina: Conditions not in place to sign Mercosur-EU deal

04-12-2023 12:09 Argentina’s outgoing government says conditions are not in place to sign long-delayed free-trade agreement between Mercosur and European Union.

As run-off nears, Massa draws a yuan bridge to avoid IMF pressures

14-11-2023 11:28 When an agreement was reached in August, the IMF’s board of directors wanted to distance itself from Argentina’s electoral process, preparing for the next stage of negotiations with the future government. An informal meeting, held after the October 22 elections, has placed in doubt the remittance of US$3.3 billion which the country needs to meet debt deadlines. The Economy Ministry has assembled a safety buffer with the Chinese currency swap, hoping to reach the next harvest in acceptable shape.

by Ariel Maciel