Americas > South America > Argentina > Argentina reacted strongly and with a letter in harsh terms to Uruguay's decision

Argentina: Argentina reacted strongly and with a letter in harsh terms to Uruguay's decision

2014/06/15

Argentina reacted strongly and with a letter in harsh terms to Uruguay's decision to authorize Finland's UPM-Kymmene pulp mill to increase annual production by 8%. The letter addressed by Foreign minister Hector Timerman to his peer Luis Almagro informs Argentina will take the case to international tribunals and is currently 'reassessing' bilateral relations.

Timerman said he became aware of the decision that allows UPM to increase production to 1.365 million tons per annum with the release presented by the Uruguayan delegation to the River Uruguay Administrative Commission. The UPM pulp mill has been built on the shared, and jointly managed, river that acts as a natural border between Uruguay and Argentina.

In the letter he described Uruguay's attitude as “an unfriendly gesture..., an issue that since October 2013 has emerged as a new chapter of controversies between the two nations”.

“This new Uruguayan decision confirms the unilateral rupture by the Uruguay government of the data and previous consultation mechanism, as established in the referred statute that was in full development last October 2013 at the same time as it was unilaterally interrupted in an arbitrary manner by your government”, wrote Timerman who again demands the immediate implementation of the resolution and compliance in good faith of the norms in the Statute.

Next pointing out that in three occasions Argentina in 2013 expressed its opposition to the authorization, Timerman states that “the Argentine government has decided to instantly take the case to the International Court of Justice in The Hague because Uruguay has ignored the River Uruguay Statute and that tribunal's sentence from 20 April 2010.

Likewise Argentina will proceed to ”reassess all policies referred to bilateral relations with Uruguay, inclunding the functioning of the respective bi-national commissions”.

Uruguay's decision regarding UPM-Kymmene became effective next the pulp mill complied with several additional conditions to mitigate the environmental impact of its operations.

Argentina and Uruguay next years of conflict, beginning almost a decade ago, regarding Uruguay's decision to authorize the UPM plant, ended litigating before the International Court of Justice which in 2010 ruled, basically stating that the pulp mill under current scientific conditions did not contaminate as alleged by Argentina, but as well called on both sides to have a additional fluid relation in keeping with the statute's working system.

Related Articles

Global growth will be disappointing in 2016: IMF's Lagarde
2016/01/02 World economic increase will be disappointing next year and the outlook for the medium-term has as well deteriorated, the chief of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday. IMF Managing Director Christine Lagarde said the prospect of rising interest rates in the United States and an economic slowdown in China were contributing to uncertainty and a higher risk of economic vulnerability worldwide. Added to that, increase in world trade has slowed considerably and a decline in raw material prices is posing problems for economies based on these, while the financial sector in a lot of nations still has weaknesses and financial risks are rising in emerging markets, she said.
Brazil Trade Minister Says New Argentina Leader 'Music to Our Ears'
2015/11/25 Brazil's trade minister said on Monday that the election of pro-business candidate Mauricio Macri as Argentina's next president is good news for trade relations between the South American neighbors. Macri, the center-right mayor of Buenos Aires, ended additional than a decade of leftist Peronist policy in Sunday's election next promising to overturn the free-spending populism of outgoing President Cristina Fernandez. "All the signs are positive. (Macri) reaffirms the vision that Brazil is a strategic partner, he backs the position that Mercosur be additional open to other international networks," Trade Minister Armando Monteiro told Reuters while on an official trip to Chile's capital Santiago.
Macri, the son of an Italian-born construction magnate
2015/11/25 Conservative challenger Mauricio Macri turned Argentine politics on its chief on Sunday, kicking the ruling Peronist movement out of power with a promise to liberalize the ailing economy and end a culture of divisive politics. Macri, the son of an Italian-born construction magnate, won the election by tapping into frustration over anemic increase, high inflation and corruption, and will become only the third non-Peronist leader since the end of military policy in 1983. The other two failed to finish their terms, however, a reminder of the difficulties that Peronist labor unions, national governors and opponents in Congress could cause Macri if he is unable to get the economy growing quickly.
Argentine President-elect Mauricio Macri named U.N. Secretary General Ban Ki-moon's chief adviser
2015/11/25 Argentine President-elect Mauricio Macri named U.N. Secretary General Ban Ki-moon's chief adviser as his next foreign minister, signaling a sharp break from the diplomacy of outgoing leader Cristina Fernandez. Macri said on Tuesday that Susana Malcorra will be his top foreign representative next his Dec. 10 inauguration. U.N. diplomats and officials described Malcorra as the second-most powerful person in the United Nations system. Ban relies on her on matters ranging from the war in Syria to diplomatic minefields such as the Israeli-Palestinian crisis. "She has vast and detailed knowledge of the schedule that moves the world," Macri said in a statement.
Moody's bets are on Macri: upgrades Argentina's debt rating to 'stable' from 'negative'
2015/11/09 “The outlook change is based on Moody's view that shifts in the political climate are reducing the risk of investors suffering better than expected losses once a new government assumes power on 10 December 2015,” the agency said in a statement. The outlook change is based on shifts in the political climate, reducing the risk of investors suffering better than expected losses with a new government. Following the initial round of presidential elections in Argentina on Oct. 25, which the ruling party won by a lower-than-expected margin, credit rating agency Moody's Investors Service upgraded on Monday the country's deficit rating to “stable” from “negative.” Moody's maintained Argentina's rating at Caa1, and that of foreign legislation and restructured local legislation foreign currency obligations at (P)Caa2. According to Moody's, the election results suggest “popular support for policy change post-election is better than before thought,” a factor, which would reduce the “risk of better than expected losses to investors in the next 12 to 18 months.”