IMF and Malvinas surcharges: the axes of Alberto Fernández’s speech before the UN

President Alberto Fernandez He gave his speech this Tuesday before the 78th United Nations General Assemblyin New York, where questioned the International Monetary Fund (IMF) for the overcharges and ratified Argentina’s claim to the United Kingdom for the Falkland Islands.

The national leader, in his fourth message to the UN, also demanded the ending the blockade of Cuba and Venezuelawhile referring to the attack on the AMIA.

Fernández questioned the IMF for “applying surcharges to many countries” that make “it becomes unbearable to carry the backpack of foreign debt”.

“They finance Ukraine in the middle of the war and while applying surcharges to the interest they charge”criticized the President, who also claimed: “We need a new framework for the treatment of sovereign debts that is guided by development with social justice.”

Alberto Fernández at the UN. Photos: AFP

“Experience shows that when a people is suffocated with the eternal condemnation of debt, its strength perishes, Social crises intensify and debts become uncollectible“he added.

At the same time, he requested an end to the blockades and reiterated that “Argentina firmly opposes the use of unilateral coercive measures and the adoption of discriminatory trade practices“.

“The perpetuation of the blockade against Cuba is inadmissible,” said Fernández, who was in Havana this Saturday with the president of that country. Miguel Diaz Canel.

In that section of the speech, he also claimed “immediately cease the sanctions imposed by the United States on Venezuela”.

Alberto Fernández UN 20230919

Meanwhile, Fernández spoke of the Government’s vocation to “continue fighting against impunity and investigating the attacks that we suffered, in 1992, at the Israeli Embassy and, in 1994, at the AMIA.”

“We want those responsible for such atrocious attacks to be identified, tried and convicted”said the President, who also called on Iran to cooperate with Argentine judicial authorities “to advance the investigation of the attack against the AMIA.”

“We urge the international community to accompany us in our fight by avoiding receiving or sheltering any of the accused, even when they enjoy diplomatic immunity. We must remember that international arrest requests and Interpol red alerts weigh on them,” he stated.

Alberto Fernández UN 20230919

Claim for the sovereignty of the Malvinas Islands

At the same time, Fernández reaffirmed “the legitimate rights of Argentina over the Malvinas Islands, South Georgia Islands, the South Sandwich Islands and the surrounding maritime spaces”.

“They form an integral part of the Argentine national territory and are illegally occupied by the United Kingdom for almost two centuries“emphasized the national president, who was in the room with the Secretary General of the Presidency, Julio Vitobello.

On the other hand, he stressed that said nation “refuses to abide by a 1965 UN resolution to enter into sovereignty negotiations”.

Alberto Fernández UN 20230919

And he stated: “We question the continued development of unilateral activities for the exploration and exploitation of natural resources. in the disputed area, thus contradicting resolution 31/49 of this Assembly, as well as its military presence in the South Atlantic.

“Argentina maintains a firm commitment to peaceful solution of this anachronistic colonial situation. We have proposed to the United Kingdom a renewed bilateral agenda on the South Atlantic that involves a formal dialogue process that includes, among others, the resumption of sovereignty negotiations“he assured.

Alberto Fernández, sharp with the IMF

It is shameful that the IMF applies surcharges on rates to many countriesfor whom it becomes unbearable to carry the backpack of foreign debt,” said the President, whose term ends on December 10.

Argentina took a loan from the IMF in 2018, during the government of Mauricio Macri (2015-2019), for 57 billion dollars, but when President Fernández took office waived pending disbursements and renegotiated the 44,000 million received in 2021.

Alberto Fernández UN 20230919

According to calculations from Buenos Aires, the basic rate of 4.033% applied by the IMF In the Argentine case, it rises to 8.033% due to various penalties and financial surcharges..

During the Summit of Heads of State of the Group of 77+China that took place last week at the Havana Convention Palace, the national leader had highlighted “the need to change the international financial system”with criticism of the IMF and the World Bank for “the inequality that prevails in the world.”


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