16 de septiembre de 2014, 12:29Buenos Aires, Oct 16 (Prensa Latina) The Chief of the Cabinet of Ministers of Argentina, Jorge Capitanich, charged American diplomat Kevin Sullivan with having made "unfortunate, incorrect, and inappropriate remarks which are an undue interference in the sovereignty of a country."
In regard to the conflict that pitted vulture funds and New York Judge Thomas Griesa against Argentina and its restructured debt obligations, the Charge d'Affaires at the United States Embassy in Argentina claimed that Argentina had suspended its debt payments.
At a press conference this morning Capitanich said that Foreign Minister Hector Timerman had called Sullivan to his office yesterday to inform him that the government was issuing a formal protest against his statements.
Sullivan had suggested yesterday that Argentina should get out of "default" as soon as possible so that it might return to the path of sustainable economic growth and attract needed investment, according to the Clarin newspaper.
"We believe that his expressions are incorrect and unfortunate, because Argentina does pay and is meeting its obligations" emphasized the Cabinet Chief.
He reiterated that by transferring funds earmarked for creditors to the Bank of New York which, as trustee, was supposed to distribute those funds, the money belongs to the bondholders, not to the country, thus "Argentina has complied with its payment requirements."
The person responsible for preventing that deposit of $539 million USD from reaching bondholders "is a judge in the jurisdiction of New York. Not coincidentally, 124 countries around the world have supported Argentina in its proposal to create a United Nations commission," said Capitanich.
He was referring to the resolution adopted last week to establish a framework for an International Convention to regulate debt restructuring.
Sullivan also recommended that as far as Argentina is concerned "it would be far better to work through already existent market mechanisms for the issuance of sovereign debt, instead of creating a UN convention or going to the Hague."
The Foreign Ministry insisted yesterday that "not only are Sullivan's statements false, but even more astounding is his unfortunate lack of reference to the performance of a municipal judge in his own country, in his attempt to bring down the entire sovereign debt restructuring of Argentina."
"All this without the slightest realization that such statements are an unacceptable interference in the internal affairs of the country," Capitanich concluded.
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