Left Menu
Development News Edition

Argentine vote leader questions deal with European Union

PTI | Buenos Aires | Updated: 14-08-2019 02:46 IST | Created: 14-08-2019 02:44 IST
Argentine vote leader questions deal with European Union
Image Credit: Flickr

Argentina's newly established leading presidential contender is throwing doubt on a newly signed regional trade pact with Europe and also feuding with one of his country's partners in the deal, the far-right president of neighboring Brazil. Alberto Fernández thumped President Mauricio Macri by 15 percentage points in Sunday's primary voting — making his slate, which includes ex-President Cristina Fernández as his running mate, the clear leader for October's main election and prompting a stock market collapse among investors worried about their left-leaning populist policies.

Fernández raised doubts on Monday night about the European Union's trade deal with the South American trade bloc Mercosur that was signed in June but not yet ratified. "That agreement doesn't exist, never existed," he told Net TV. "They signed a sort of protocol letter in which they set out a series of topics to deal with."

The agreement has alarmed European farmers and South American manufacturers and service providers who fear they cannot compete with goods produced by the other partner in the deal. Alberto Fernández said there is "no doubt" that the world has globalized, "and to renounce that is stupidity, to deny that is stupidity. The issue is how you enter into globalization."

"We have to see what this agreement consists of," he added. Alberto Fernández said there are some early indications that some aspects of the deal would be "disadvantageous for Argentina. If those things are fixed, welcome for Argentina."

Meanwhile, he heated up a feud with Brazilian President Jair Bolsonaro, who has suggested that a Fernández government would be a disaster that would flood Brazil with Argentine refugees in the same way Venezuelans have fled their own country's economic collapse. "In political terms, I have nothing to do with Bolsonaro," Alberto Fernández said, describing Brazil's leader as "a racist, a misogynist and violent, the sort of person who celebrates the torture of Dilma Rousseff" — a reference to Bolsonaro's praise for a man accused of overseeing the torture of Brazil's former leftist president.

Even so, Alberto Fernández said, "We are going to get on splendidly with Brazil. It is always going to be our principal partner." He also had critical words for the socialist government of Venezuela, which was a close ally of his running mate when she was president in 2007-2015. Macri has warned that the Fernándezes, who are not related, would make Argentina a sort of Venezuela.

"It's a government with a democratic origin, because the people voted, but in the practice, it has definitely committed abuses," Fernández said of Venezuela.



Post-COVID-19 Nigeria needs a robust Health Management Information System to handle high disease burden

Nigeria is among a few countries that conceptualised a health management information system HMIS in the early 90s but implementation has been a challenge till date. Besides COVID-19, the country has a huge burden of communicable and non-com...

Morocco COVID-19 response: A fragile health system and the deteriorating situation

Learning from its European neighbors, Morocco imposed drastic measures from the initial stages of the COVID-19 outbreak to try to contain its spread. The strategy worked for a few months but the cases have surged after mid-June. In this sit...

COVID-19: Argentina’s health system inefficiencies exaggerate flaws of health information system

You can recover from a drop in the GDP, but you cant recover from death, was the straightforward mindset of Argentinas President Alberto Fernndez and defined the countrys response to COVID-19. The South American nation imposed a strict...

Rwanda’s COVID-19 response commendable but health information system needs improvement

Rwanda is consistently working to improve its health information system from many years. However, it is primarily dependent on the collection and reporting of health data on a monthly basis. Besides, evaluation studies on Rwandas HIS publis...


Latest News

Hindustan Zinc shares jump 7 pc on fund-raising plan

Shares of Hindustan Zinc Ltd HZL on Wednesday gained 7 per cent after the company said its board-constituted panel has approved plan to raise up to Rs 4,000 crore through non-convertible debentures. The stock jumped 7 per cent to Rs 222.75 ...

Zimbabwe decides to resume international flights after 6 months

The government of Zimbabwe has decided to resume international flights, six months after it was forced to close its borders following the COVID-19 pandemic, according to a news report by Daily Nation.Zimbabwe has gradually been reopening it...

Brickwork reaffirms AA negative rating for NCDs of Edelweiss Financial

Brickwork has reaffirmed the rating of Edelweiss Financial Services non-convertible debentures NCDs at AA with negative outlook due to mounting pressure on the companys asset quality. The rating continues to factor in diversified business p...

ShareChat adds USD 14 million to ESOP pool

Indian social media platform ShareChat on Wednesday said it has expanded ESOP employee stock options pool by USD 14 million to USD 35 million to reward its employees. Besides, the company has also announced a 50 percent bonus for the existi...

Give Feedback