Cement demand in Argentina increased 20.1% to 895,559 tonnes in January 2021 when compared with January 2020, when demand reached 745,681 tonnes, according to the country’s cement association, AFCP. The requirement of the market was entirely met by domestic production, which saw a 19.2 per cent rise year-on-year to 903,756t in the first month of the year.
Argentina's Government invested $527 million between January and November 2020 in State carrier Aerolíneas Argentinas and Austral in order to keep them afloat. This amount is the largest invested since 2015, according to data provided by the State airlines.
France will not ratify a draft trade deal between the European Union and the Mercosur bloc "in its current form," the country's Trade Minister Franck Riester told AFP. France wants guarantees on the protection of the environment and on health norms from Mercosur's members Argentina, Brazil, Paraguay and Uruguay before it approves the deal that was agreed in principle in 2019.
A “floating city” of hundreds of mostly Chinese-flagged vessels, looking for squid and other species off the coasts of the Caribbean and South America, is now approaching Argentina’s exclusive economic zone (EEZ). This is taking place amid alleged negotiations between China and Argentina over a fishing agreement; meanwhile, Argentina's government rejected US help to discourage illegal fishing.
Argentina’s Tecpetrol has joined the list of companies authorised by the National Hydrocarbons Agency (ANH) for fracking pilots in the country. Tecpetrol is an Argentinean multi-Latin company that has businesses in exploration and exploitation activities, as well as in the area of services and transport. In the region, the company has a presence in Argentina, Colombia, Ecuador, Mexico, Peru, Uruguay and Venezuela.