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LatinNews Daily - 13 June 2017

Faurie takes over as Argentine foreign minister

Development: On 12 June, Jorge Marcelo Faurie was sworn in as Argentina’s new foreign minister by President Mauricio Macri.

Significance: Faurie, a career diplomat, replaces Susana Malcorra, who resigned from the post at the end of May for personal reasons. Macri said that Faurie faced “the doubly difficult task of replacing a foreign minister of the stature of Malcorra [who will nonetheless remain an adviser to the government with ministerial rank] and taking over at a very special juncture for Argentina where the novelty is wearing off and expectations for change are growing”, especially for concrete action. Macri highlighted some of these challenges: Argentina’s bid to join the Organisation for Economic Co-operation and Development (OECD), and the protracted trade negotiations between the Southern Common Market (Mercosur) and the European Union (EU). Another foreign policy priority is to effect a convergence between Mercosur and the Pacific Alliance trade bloc at a time when Argentina is seeking to diversify trade in the face of Brazil’s economic travails, and also improve links to China.

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