Argentina FM Santiago Cafiero sees energy transition, civil nuclear technology as key to joint Saudi-Argentine fight against climate change

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Updated 10 November 2022
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Argentina FM Santiago Cafiero sees energy transition, civil nuclear technology as key to joint Saudi-Argentine fight against climate change

  • Argentina has solar and green hydrogen and sustainability initiatives such as regenerative agriculture to offer, Cafiero told Arab News during exclusive interview
  • He said the two countries should connect not only through commercial and political developments but also in areas of culture and institutions

RIYADH: Energy transition, civil nuclear technology and environmental sustainability are among the many potential areas of cooperation between Argentina and Saudi Arabia in the fight against climate change, Santiago Cafiero, the Argentine minister of foreign affairs, said during an exclusive interview with Arab News on Wednesday.

Considerations such as these are high on the global diplomatic agenda this month. Cafiero’s visit to Saudi Arabia coincides with the ongoing UN Climate Change Conference (COP27) in Egypt, where the Kingdom is showcasing its Saudi Green and Middle East Green Initiatives.

“Argentina has signed up to the international commitments and it has actually raised its ambitions with respect to carbon emissions,” said Cafiero, highlighting the South American nation’s commitment to achieve carbon neutrality by 2050.

In this context, he cited energy-transition projects involving solar and green hydrogen as well as sustainability initiatives such as regenerative agriculture as some of the country’s many strengths.

“Argentina is the eighth largest country in the world. It has an immense geography, and it has natural resources that are very well known. But we also take great care of them. We have a view of sustainable productive development with respect to the environment and we intend to keep it that way,” he said.

“Argentina has an important role to play in terms of the energy transition. Today we have green hydrogen projects and we also have developments of strategic minerals for electro mobility, such as copper and lithium. Argentina can really become an important player for the energy transition and there I think we can do cooperative work with Saudi Arabia.”




Soft power and expertise exchange are key to growing ties between Buenos Aires and Riyadh, Argentina’s foreign minister told Arab News assistant editor-in-chief Noor Nugali. (AN Photo/Huda Bashatah)

Cafiero’s visit to the Kingdom — his first as Argentina’s top diplomat — comes as the world faces multiple overlapping crises — from the residual effects of the COVID-19 pandemic to inflation, climate pressures and the war in Ukraine — that have caused disruptions to global food and energy supply chains.

While Saudi Arabia and Argentina have risen to these challenges in their own ways, Cafiero believes the two countries have much to contribute by cooperating in everything from business and diplomacy to energy security.

“In this time of uncertainty, I think that friendly countries like Saudi Arabia and Argentina have a lot to contribute to the world if they come together, if they work together and cooperate,” Cafiero told Arab News.

According to Cafiero, Saudi Arabia and Argentina have “all the possibilities” to connect their two peoples commercially, politically and in the areas of culture and clean energy.

“Argentina has natural and human resources,” he said, “and it also has a strong political inclination to move in this direction together with Saudi Arabia when it comes to developing business links, trade, and also to lend a hand to the rest of the world to provide energy and secure food.”

Last year, Argentina’s President Alberto Fernandez urged investors from Saudi Arabia and other countries to “turn your gaze to Argentina,” saying that he wanted foreign investment that “produces and wins.” Since then, fresh business ties have already been established.

“Today, the work that we are carrying forward, in the ministry of foreign affairs and international trade, is that of a road map for strategic sectors that we understand are of interest to Saudi Arabia. These are agribusiness and the biotechnology industry,” said Cafiero.

“And then we also have an interesting development in knowledge-driven economy and strategic minerals. Argentina also has a great capacity for its own development of services related to non-conventional gas production, and high-tech sectors such as the satellite industry or the application of nuclear technology for peaceful purposes.”

Civil nuclear technology is a promising area of cooperation between the two countries. Saudi Arabia — blessed not only with the great gift of oil but also with vast reserves of the uranium required for nuclear generation — is currently planning its first reactor in collaboration with the International Atomic Energy Agency.

“Argentina looks back on 70 years of work on nuclear technology for peaceful purposes,” said Cafiero. “In fact, we are developing a reactor for studies here in Saudi Arabia and for the development of applications related to nuclear technology. That is, applications related to nuclear medicine, cancer treatment and some even applied to agricultural products.

“We also apply nuclear technology to eliminate plastic from the oceans, which is something we are already doing in Antarctica.”

For all its technological strengths, Argentina’s economy has endured several turbulent years, mainly owing to chronic inflation. Last month, the IMF, which has described the country’s economic situation as “fragile,” approved a $17.5 billion loan to Buenos Aires — the second installment of a $44 billion support package.

FASTFACT

* $1.03bn - Value of Saudi imports from Argentina in 2021.

(Source: UN COMTRADE)

Cafiero says that the Argentine economy has now returned to growth, resulting in booming exports, record foreign investment and rising employment.

“We are optimistic about the path that the Argentine economy is taking,” said Cafiero. “We had three consecutive years of economic recession: 2018, 2019 and 2020, with the pandemic.

“Only in 2021 Argentina started to grow again and it grew a lot: 10.3 percent this year. In the first half of this year, we also have a growth of six points in gross national product. So we believe that we are on the right track.”

He added: “During the last year 1.2 million jobs have been created. So far this year, 30,000 jobs have been generated every month … In the first half of the year 2022 we have a record investment rate in the history of Argentina and we are going to reach record export levels during this year.”

Despite its recent economic misfortunes, Argentina remains well known for its wealth of cultural icons, from its acclaimed authors such as Victoria Ocampo and musical greats such as Diego Torres to its celebrated sportsmen Messi and Maradona.




Santiago Cafiero meeting with Saudi Arabia's Foreign Minister Prince Faisal bin Farhan during his visit to the Kingdom. (Twitter/@SantiagoCafiero)

As Saudi Arabia emerges as the Middle East’s new hub for the arts, culture, music, sports and filmmaking, Cafiero believes there is a role for soft power in forging closer ties between the Kingdom and Argentina.

“I think we have all the possibilities to bring more Argentina to Saudi Arabia, and more Saudi Arabia to Argentina,” he said. “We should therefore connect these two peoples not only in their commercial and political development, but we also have to move forward from a cultural point of view.

Referring to Saudi Arabia’s opening match against much-fancied Argentina at the World Cup in Qatar on Nov. 22, Cafiero said: “With respect to football, although we are only divided by one match and we both want our team to win. It really is a sport that builds bridges.”

On the diplomatic front, the Arab Gulf states have long had concerns about Iranian and Hezbollah activities in Latin America. Several regional governments have made attempts to build ties with Iran, doing little to relieve those concerns.

Such attempts by Argentina have been less pronounced in recent decades. After a period of nuclear cooperation that began in the mid-1980s, relations with Iran were set back by two bombings in Buenos Aires in the early 1990s.




Argentina’s top diplomat Cafiero said his country and Saudi Arabia could cooperate in the field of environmental sustainability while forging closer commercial, political, cultural and institutional relations. (AN Photo/Huda Bashatah)

Those bombings, the first of the Israeli embassy in 1992 and the second that of the Argentine Israelite Mutual Association in 1994, destroyed what had previously been a close and mutually beneficial relationship.

“Argentina’s diplomatic relationship with Iran is on a rather low level, as a result of the attacks that Argentina suffered in 1992 and 1994,” said Cafiero.

“At that time, the Argentine justice system requested Iranian authorities to be part of the investigation but they did not cooperate. Since then, this relationship is therefore a tense one.”

By contrast, Cafiero says Saudi Arabia and Argentina can strengthen the international order through cooperation, and enrich one another by establishing cultural and institutional bridges.

“We need a safer world and we strive for that security from the basis of a multilateralism in solidarity,” he said.

“I think we both have two cultures that are very powerful cultures and they should build bridges between each other. Once they know and understand each other, they will surely enrich each other.”

 


Afghanistan bets on ‘red gold’ for global market presence

Updated 23 November 2024
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Afghanistan bets on ‘red gold’ for global market presence

  • Afghanistan is the world’s second-largest saffron producer, after Iran
  • Afghan saffron has been for years recognized as the world’s best

Kabul: As the saffron harvest season is underway in Afghanistan, traders are expecting better yields than in previous years, sparking hopes that exports of the precious crop, known locally as “red gold,” will help uplift the country’s battered economy and livelihoods.
Afghanistan is the world’s second-largest saffron producer, after Iran, but it ranks first in terms of quality. In June, the Belgium-based International Taste Institute for the ninth consecutive year recognized Afghan saffron as the world’s best.
Saffron is the world’s most expensive spice, selling for about $2,000 per kilogram. Its exports provide critical foreign currency to Afghanistan, where US-imposed sanctions have severely affected the fragile economy since the Taliban took control in 2021.

With this year’s production expected to exceed 50 tons — about double that of the 2023 and 2022 seasons — the government and the Afghanistan National Saffron Union are trying to boost exports abroad.
“The harvest of saffron this year is good. During the first nine months (of 2024), Afghanistan exported around 46 tons of saffron to different countries,” Abdulsalam Jawad Akhundzada, spokesperson at the Ministry of Industry and Commerce, told Arab News.
“Everywhere our traders want to export saffron, we support them in any part of the world through air corridors and facilitating the participation of Afghan traders in national and international exhibitions.”
Known to have been cultivated for at least 2,000 years, saffron is well suited to Afghanistan’s dry climate, especially in Herat, where 90 percent of it is produced. Most of the spice’s trade is also centered in the province, which last weekend inaugurated its International Saffron Trade Center to facilitate exports.
“The new international saffron trade center is established with global standards and will bring major processing and trade companies to one place providing a single venue for farmers to trade their products with the best possible conditions,” Mohammad Ibrahim Adil, head of the Afghanistan National Saffron Union, told Arab News.

The union’s main export market is India, where saffron is a common ingredient in food, followed by Gulf countries — especially Saudi Arabia and the UAE.
“Saffron exports bring the much-needed foreign currency to Afghanistan contributing significantly to stabilization of the financial cycle in the country,” said Qudratullah Rahmati, the saffron union’s deputy head.
The union estimates that saffron contributes about $100 million to the Afghan economy a year.
Most, or 95 percent, of the workers are women, according to the saffron union.
“Saffron production is supporting many families, especially women, during the harvest and processing phase through short-term and long-term employment opportunities. There are around 80-85 registered small and big saffron companies in Herat and the small ones employ four to five people while the bigger ones have up to 80 permanent staff,” said Qudratullah Rahmati, the saffron union’s deputy head.
Harvesting the little purple saffron crocus flowers is heavily labor intensive, as each of them needs to be picked by hand. Once the flowers are picked, their tiny orange stigmas are separated for drying. About 440,000 stigmas are needed to produce one kilogram of the fragrant spice.
The harvest season usually begins between October and November are lasts just a few weeks before the flowers wilt.


Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change

Updated 23 November 2024
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Pressure ramps up at UN talks to reach a deal for cash to curb and adapt to climate change

  • The rough draft of a new proposal circulating in that room was getting soundly rejected, especially by African nations and small island states
  • The “current deal is unacceptable for us. We need to speak to other developing countries and decide what to do,” Evans Njewa, the chair of the LDC group, said

BAKU: As nerves frayed and the clock ticked, negotiators from rich and poor nations were huddled in one room Saturday during overtime United Nations climate talks to try to hash out an elusive deal on money for developing countries to curb and adapt to climate change.
But the rough draft of a new proposal circulating in that room was getting soundly rejected, especially by African nations and small island states, according to messages relayed from inside. Then a group of negotiators from the Least Developed Countries bloc and the Alliance of Small Island States walked out because they didn’t want to engage with the rough draft.
The “current deal is unacceptable for us. We need to speak to other developing countries and decide what to do,” Evans Njewa, the chair of the LDC group, said.
When asked if the walkout was a protest, Colombia environment minister Susana Mohamed told The Associated Press: “I would call this dissatisfaction, (we are) highly dissatisfied.”
The last official draft on Friday pledged $250 billion annually by 2035, more than double the previous goal of $100 billion set 15 years ago but far short of the annual $1 trillion-plus that experts say is needed. The rough draft discussed on Saturday was for $300 billion, sources told AP.
Accusations of a war of attrition
Developing countries accused the rich of trying to get their way — and a small financial aid package — via a war of attrition. And small island nations, particularly vulnerable to climate change’s worsening impacts, accused the host country presidency of ignoring them for the entire two weeks.
After bidding one of his suitcase-lugging delegation colleagues goodbye and watching the contingent of about 20 enter the room for the European Union, Panama chief negotiator Juan Carlos Monterrey Gomez had enough.
“Every minute that passes we are going to just keep getting weaker and weaker and weaker. They don’t have that issue. They have massive delegations,” Gomez said. “This is what they always do. They break us at the last minute. You know, they push it and push it and push it until our negotiators leave. Until we’re tired, until we’re delusional from not eating, from not sleeping.”
With developing nations’ ministers and delegation chiefs having to catch flights home, desperation sets in, said Power Shift Africa’s Mohamed Adow. “The risk is if developing countries don’t hold the line, they will likely be forced to compromise and accept a goal that doesn’t add up to get the job done,” he said.
Cedric Schuster, the Samoan chairman of the Alliance of Small Island States issued a statement saying they “were not part of the discussion that gave rise to these imbalanced texts” and asked the COP29 presidency to listen to them.
A climate cash deal is still elusive
Wealthy nations are obligated to help vulnerable countries under an agreement reached at these talks in Paris in 2015. Developing nations are seeking $1.3 trillion to help adapt to droughts, floods, rising seas and extreme heat, pay for losses and damages caused by extreme weather, and transition their energy systems away from planet-warming fossil fuels and toward clean energy.
For Panama’s negotiator Juan Carlos Monterrey Gomez even a higher $300 billion figure is “still crumbs.”
“How do you go from the request of $1.3 trillion to $300 billion? I mean, is that even half of what we put forth?” he asked.
On Saturday morning, Irish environment minister Eamon Ryan said that there’ll likely be a new number for climate finance in the next draft. “But it’s not just that number — it’s how do you get to $1.3 trillion,” he said.
Ryan said that any number reached at the COP will have to be supplemented with other sources of finance, for example through a market for carbon emissions where polluters would pay to offset the carbon they spew.
The amount in any deal reached at COP negotiations — often considered a “core” — will then be mobilized or leveraged for greater climate spending. But much of that means loans for countries drowning in debt.
Teresa Anderson, the global lead on climate justice at Action Aid, said that in order to get a deal, “the presidency has to put something far better on the table.”
“The US in particular, and rich countries, need to do far more to to show that they’re willing for real money to come forward,” she said. “And if they don’t, then LDCs (Least Developed Countries) are unlikely to find that there’s anything here for them.”
Anger and frustration over state of negotiations
Alden Meyer of the climate think tank E3G said it’s still up in the air whether a deal on finance will come out of Baku at all.
“It is still not out of the question that there could be an inability to close the gap on the finance issue,” he said. “That obviously is not an ideal scenario.”
Jiwoh Emmanuel Abdulai, the Sierra-Leone environment minister, echoed that sentiment, saying “a bad deal may be worse than no deal for us.”
Nations were also angry at potential backsliding on commitments to slash fossil fuels. German foreign minister Annalena Baerbock called out rich fossil fuel emitters who she said have “ripped off” climate vulnerable states.
“We are in the midst of a geopolitical power play by a few fossil fuel states,” Baerbock said. “We have to do everything to come toward the 1.5 degree (Celsius, 2.7 Fahrenheit) pathway” of keeping warming below that temperature limit since preindustrial times, she said.
But despite the fractures between nations, some still held out hopes for the talks.
“We remain optimistic,” said Nabeel Munir of Pakistan, who chairs one of the talks standing negotiating committees.
When asked how, COP29 climate champion Nigar Arpadarai chimed in. “We have no choice,” she said, as the harms of climate change continue to worsen.


Ukraine has lost over 40 percent of the land it held in Russia’s Kursk region, senior Kyiv military source says

Updated 23 November 2024
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Ukraine has lost over 40 percent of the land it held in Russia’s Kursk region, senior Kyiv military source says

  • “At most, we controlled about 1,376 square kilometers, now of course this territory is smaller,” the source said
  • “Now we control approximately 800 square kilometers“

KYIV: Ukraine has lost over 40 percent of the territory in Russia’s Kursk region that it rapidly seized in a surprise incursion in August as Russian forces have mounted waves of counter-assaults, a senior Ukrainian military source said.
The source, who is on Ukraine’s General Staff, said Russia had deployed some 59,000 troops to the Kursk region since Kyiv’s forces swept in and advanced swiftly, catching Moscow unprepared 2-1/2 years into its full-scale invasion of Ukraine.
“At most, we controlled about 1,376 square kilometers (531 square miles), now of course this territory is smaller. The enemy is increasing its counterattacks,” the source said.
“Now we control approximately 800 square kilometers (309 square miles). We will hold this territory for as long as is militarily appropriate.”
The Kursk offensive was the first ground invasion of Russia by a foreign power since World War Two and caught Moscow unprepared.
With the thrust into Kursk, Kyiv aimed to stem Russian attacks in eastern and northeastern Ukraine, force Russia to pull back forces gradually advancing in the east and give Kyiv extra leverage in any future peace negotiations.
But Russian forces are still steadily advancing in Ukraine’s eastern Donetsk region.
The Ukrainian General Staff source reiterated that about 11,000 North Korean troops had arrived in the Kursk region in support of Russia, but that the bulk of their forces was still finalizing their training.
The Russian Defense Ministry did not immediately respond to a Reuters request for comment on Kyiv’s freshest assessment of the state of play in the Kursk region. Reuters could not independently verify the figures or descriptions given.
Moscow has neither confirmed nor denied the presence of North Korean forces in Kursk.
Ukraine’s armed forces chief said on Nov. 11 that its beleaguered forces were not just battling crack Russian reinforcements in Kursk but also scrambling to reinforce two besieged fronts in eastern Ukraine and bracing for an infantry assault in the south.

THREATENING RUSSIAN ADVANCE IN EASTERN UKRAINE
The General Staff source said the Kurakhove region was the most threatening for Kyiv now as Russian forces were advancing there at 200-300 meters (yards) a day and had managed to break through in some areas with armored vehicles backed by anti-drone defenses.
The town of Kurakhove is a stepping stone toward the critical logistical hub of Pokrovsk in the Donetsk region.
Overall Russia has about 575,000 troops fighting in Ukraine at the moment, the Ukrainian General Staff source said, and is aiming to increase its forces up to around 690,000.
Russia does not disclose numbers involved in its fighting, and Reuters could not independently verify those figures.
As Ukraine fights a bigger and better-equipped enemy, Kyiv has sought to disrupt Russian logistics and supply chains by hitting Russian weapons and ammunition depots, airfields, and other military targets well inside Russia.
Ukraine gained a freer hand to do so earlier this month after, according to sources familiar with the matter, President Joe Biden dropped his opposition to Kyiv firing US-supplied missiles at targets deep inside Russia in response to North Korea’s entry into the war. Last week Ukraine fired US ATACMS and British Storm Shadow
cruise missiles into Russia. One of the ATACMS targets was an arms depot about 110 km (70 miles) inside Russia. Moscow vowed to respond to what it sees as an escalation by Ukraine’s Western supporters. On Thursday, Russia launched a new medium-range ballistic missile into the Ukrainian city of Dnipro, in a likely warning to NATO.
Ukrainian officials are holding talks with the United States and Britain regarding new air defense systems capable of protecting Ukrainian cities and civilians from the new longer-range aerial threats.
The Ukrainian General Staff source said the military had also implemented measures to bolster air defenses over the capital Kyiv and planned similar steps for the city of Sumy in the north and Kharkiv in the northeast, both near front lines. Russia now occupies a fifth of Ukraine and President Vladimir Putin has said he wants Kyiv to drop ambitions to join the NATO military alliance and retreat from four Ukrainian regions that he partially holds, demands Kyiv has rejected as tantamount to capitulation.


UK police carry out controlled explosion near London Euston station

Updated 23 November 2024
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UK police carry out controlled explosion near London Euston station

  • LBC News reported earlier that the station had been evacuated

LONDON: British police carried out a controlled explosion near Euston railway station in central London after investigating a suspect package, they said on Saturday.
“A controlled explosion has been carried out by specialist officers and the police cordons have now been lifted,” the capital’s Metropolitan Police said on social media platform X.


LBC News reported earlier that the station had been evacuated.
In a previous statement, the police said they were aware of reports online about an incident “in the vicinity of Euston Station” and that cordons were in place as a precaution.
Those cordons have now been removed, they said in an update.


Afghanistan bets on ‘red gold’ for global market presence

Updated 23 November 2024
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Afghanistan bets on ‘red gold’ for global market presence

  • Afghanistan is the world’s second-largest saffron producer
  • Afghan saffron considered world’s best by International Taste Institute

KABUL: With the saffron harvest season underway in Afghanistan, local traders are expecting better yields than in previous years, sparking hopes that exports of the precious crop, known locally as “red gold,” will help improve the country’s battered economy.

Afghanistan is the world’s second-largest saffron producer, after Iran. In June, the Belgium-based International Taste Institute named Afghan saffron as the world’s best for the ninth consecutive year.

Saffron is the world’s most expensive spice, selling for around $2,000 per kilogram. Its exports provide critical foreign currency to Afghanistan, where US-imposed sanctions have severely affected the economy since the Taliban took control in 2021.

With this year’s saffron yield expected to exceed 50 tons — roughly double that of the 2023 and 2022 seasons — the government and the Afghanistan National Saffron Union are looking to boost exports.

“The harvest of saffron this year is good. During the first nine months (of 2024), Afghanistan exported around 46 tons of saffron to different countries,” Abdulsalam Jawad Akhundzada, spokesperson at the Ministry of Industry and Commerce, told Arab News. “Everywhere our traders want to export saffron we support them through air corridors and facilitating the participation of Afghan traders in national and international exhibitions.”

Known to have been cultivated for at least 2,000 years, saffron is well suited to Afghanistan’s dry climate, especially in Herat, where 90 percent of Afghan saffron is produced. Most saffron trading is also centered in the province, which last weekend inaugurated its International Saffron Trade Center to facilitate exports.

“The new center has been established in accordance with global standards and will bring major processing and trade companies to one place, providing a single venue for farmers to trade their products in the best possible conditions,” Mohammad Ibrahim Adil, head of the Afghanistan National Saffron Union, told Arab News.

The union’s main export market is India, where saffron is a common ingredient in food, followed by the GCC — especially Saudi Arabia and the UAE.

“Saffron exports bring much-needed foreign currency to Afghanistan, contributing significantly to stabilization of the financial cycle in the country,” said Qudratullah Rahmati, the saffron union’s deputy head.

The union estimates that saffron contributes about $100 million to the Afghan economy a year.

Around 95 percent of the workers in the saffron industry are women, according to the union.

“Saffron production is supporting many families, especially women, during the harvest and processing phase through short- and long-term employment opportunities. There are around 80-85 registered saffron companies in Herat. The small ones employ four to five people while the bigger ones have up to 80 permanent staff,” Rahmati explained.

Harvesting saffron is difficult and time-consuming work. The flowers are handpicked, and their tiny orange stigmas are separated for drying. Roughly 440,000 stigmas are needed to produce one kilogram of the fragrant spice.

The harvest season usually begins sometime in October or November and lasts just a few weeks.