President Cristina Fernández de Kirchner has criticised U.S. president Barack Obama’s decision to temporarily suspend trade with Argentina.
Speaking at the Government House, the Argentine president took the opportunity to point out that the export of beef is restricted and that “not even one of our lemons can enter their market”. Neither of these commodities come under the Generalized System of Preferences (GSP), a programme which waives U.S. import duties on goods from developing countries.
“We have to be attentive to these little trade wars and guerrillas,” said Fernández de Kirchner, in tangential reference to the policy adopted by the U.S. “We will try to address this in the most civilised and legal way possible.”
The president also confirmed that the objective of her economic model is “socially inclusive growth,”clarifying that this “is not any kind of growth”.
“Just any kind of growth is not beneficial for us and, therefore, we continue to seek support from all sectors,” she said. “We have achieved an important synergy and we will maintain it with work and a bit of intelligence; it’s about not giving up even in hard times.”
The president’s statement comes on the same day as Obama’s administration suspended trade benefits with Argentina due to its failure to comply with rulings from the World Bank’s International Centre for the Settlement of Investment Disputes (ICSID) that protects two U.S. corporations.