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New Developments 2003

December 04, 2003

EMTA’s Annual Meeting Focuses on Argentina.

  • EMTA Seeks to Promote Better Dialogue
    [Excerpt from Michael Chamberlin's Remarks]  
  • ABC Describes their Counterproposal;
    Announces Agreement in Principle among Creditors to Form Global Steering Committee to Negotiate with Argentina.
  • Secretary Nielsen Senses Common Ground with Creditors; Reaffirms that Argentina will not Make Unilateral Offer. While declining to discuss in any detail his December 3 meeting with ABC, or his reaction to the ABC Counterproposal, Secretary Nielsen did note his sense that Argentina and its Creditors were "getting closer to common ground" in their restructuring dialogue. Click on the following links for Mr. Nielsen's speech. Click Here for English Version. Click Here for Spanish Version.

December 01, 2003

Treasury Imposes Special Measures Against Burma: Davis Polk & Wardwell Memorandum and US Treasury Regulations. 

November 26, 2003

EMTA's Fourth Quarter Bulletin is Now Available in our Bulletin Section.