He assured the State Department. It is after that country's government announced it would vote against loans from the World Bank and the IDB for the country. Now could affect plans for assistance and cooperation.
The penalty imposed by the U.S. against Argentina for "not fulfilling its international commitments" could go beyond the votes that their officials are issuing loans against Argentina has asked or ask in the future at the World Bank and American Bank.Last Thursday, as Clarin reported exclusively, the Secretary for Development International Markets and Treasury, Marisa Lago, argued that the penalty is because the Government does not pay the judgments established by the International Centre for Investment Disputes of the World Bank (ICSID), refuses to negotiate with your creditors (the bondholders who were excluded from the debt swap) nvolucrarse yai international institutions.By that criterion, the U.S. and voted against two IDB loans to Argentina. But the loans were ultimately granted by the vote of other partner countries of the bank.Now, the Assistant Secretary for Economic, Energy and Business, Department of State, Joseph W. Fernandez, Clarin said that U.S. diplomacy will take into account these failures every time they discuss new programs of cooperation and assistance as the call DF4D (domestic financing for development) that launched Barack Obama president in El Salvador during his last tour of America America "is something we will consider, 'said Fernandez -. We think it is something that Argentina has to solve. "Fernandez explained that it was the Treasury who proposed sanction Argentina. "The Treasury is dealing with these things," he said. But when this correspondent asked if the decision of the Treasury had been discussed and approved at the Committee level interagency meeting to all ministries and government agencies that comprise the United States, Fernandez responded positively "What you say is correct, it was a interagency decision, is led by the Treasury but they consulted with the rest of our agencies, "said Fernandez Fernandez According to" the problem is serious enough that we have taken these decisions. " "We think this is something to be resolved," he added.Fernandez heads the office that is responsible for overseeing the work on trade and international finance, economic sanctions and combating terrorist financing, among other things."We continue to insist that it is something that has to solve," said Fernandez, who explained that Argentina is not particularly concerned that failure to pay the ICSID.In fact, Azurix and Blueridge, two companies that have won judgments in his favor at the court and who have not yet received, are demanding that the U.S. government punish Argentina to another level. They want the Trade Representative Office to suspend trade benefits that Argentina has through the General System of Preferences. The Obama has not yet made the decision.
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