POLITICAL RISK - Looking Outwards

President elect, Cristina Fernández, who will take office on December 10, has already provided an insight into what should be a more internationalist approach to governance than that adopted by outgoing leader Néstor Kirchner. Trips to Chile and Brazil hint at a renewed effort to improve ties in the Southern Cone region, and particularly within the troubled Mercosur trading bloc. We are encouraged by these early signals, though stress that the government will most likely need to mastermind a deal on its outstanding debt with The Paris Club to accelerate international integration and significantly boost foreign

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