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Feasible Argentina-UK Deal on Restrictions Removal in S. Atlantic Major Mistake

© REUTERS / Enrique Marcarian/File PhotoThe sun is seen at dusk in Stanley, Falklands Islands, June 13, 2012
The sun is seen at dusk in Stanley, Falklands Islands, June 13, 2012 - Sputnik International
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Parlasur President Jorge Taiana said that a potential agreement between Argentina and the United Kingdom on the removal of restrictions on exploitation of resources in the South Atlantic would trigger misappropriation of the Argentina's nonrenewable natural resources.

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MOSCOW (Sputnik) — A potential agreement between Argentina and the United Kingdom on the removal of restrictions on exploitation of resources in the South Atlantic will be a huge mistake, Parlasur President Jorge Taiana told Sputnik.

Earlier this week, the United Kingdom and Argentina agreed on the first joint positive statement on the South Atlantic and Falklands issue, including on the work toward removing restrictive measures around the oil and gas industry, shipping and fishing.

"Argentina would have granted [to the United Kingdom] removal of restrictions and sanctioning on the illegal exploitation of our non-renewable and renewable natural resources, фwhich is a major error," Taiana said Thursday.

According to him, such an exploitation would trigger misappropriation of the country's nonrenewable natural resources.

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Jorge Taiana also recalled that the two sides had already signed an accord in 1995 to explore for oil near the Falkland islands, which Buenos Aires later ended in 2007 due to UK unilateral efforts to drill for oil.

"It was a failure due to repeated and abusive violations of bilateral trust," he added.

Argentina claims that it has inherited the Falkland Islands, located about 300 miles off the country's east coast, after they became independent of Spain. The territorial dispute with the United Kingdom saw a 74-day Falklands War in 1982, when Argentina invaded and briefly occupied the islands controlled by London.

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