Argentina - CFK assures Spain's biodiesel imports restriction will not affect the country

President Cristina Fernández de Kirchner minimized Spain’s decision to reduce the biodiesel imports as a retaliation over the expropriation of YPF and called for “tranquility” after assuring that Argentina “is in condition to absorb” that production in the domestic market.

“We won’t question Spain’s sovereign decision, no matter which one it takes. They are going to pay their businessmen a more expensive biodiesel and I don’t know how that will impact their economy. But I want to tell the Argentines to remain calmed, we are in conditions of producing and absorbing that production,” the Head of State continued.

During a rally in Santa Cruz, Fernández de Kirchner reminded that she is “granddaughter of Spaniards” and highlighted the “generosity” with which Argentina received the immigrants from that country after the civil war. “We are always going to answer with that exact generosity,” she assured.