Showing posts with label SPANISH -U.S. OWNED COMPANY IN ARGENTINA. Show all posts
Showing posts with label SPANISH -U.S. OWNED COMPANY IN ARGENTINA. Show all posts

Tuesday, April 17, 2012

U.S. SPOKESPERSON ON ARGENTINA'S NATIONALIZATION OF CONTROLLING INTEREST IN REPSOL-YPF


FROM:  U.S. STATE DEPARTMENT
Argentina: Proposal to Nationalize Controlling Interest in Repsol-YPF
Mark C. Toner
Deputy Spokesperson
Daily Press Briefing
Washington, DC
April 16, 2012
Taken Question Office of the Spokesperson Washington, DC
QUESTION: Has the United States filed a WTO complaint against Argentina for plans to nationalize Spanish/U.S.-owned oil company YPF?
ANSWER: We are aware that Argentine President Cristina Fernandez de Kirchner proposed a draft law to nationalize a controlling interest in oil energy company Repsol-YPF. We are following developments on this issue. We are not currently aware of any WTO complaints related to this issue.


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