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Argentina Country Report

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Risk Level

Low
Moderate
Elevated
High
Very High
Severe
Extreme

Overview

Executive Summary

President Mauricio Macri has eased capital, currency, and import controls introduced by his predecessor and returned Argentina to international capital markets. He is unlikely to push wide-ranging reprivatisation but is driving attempts to restore investor confidence, including by boosting the credibility of Argentina's official economic data and incentivising public-private partnerships in infrastructure. The ruling--party Cambiemos ("Let's Change")'s Congressional gains in the 22 October 2017 mid-term elections allowed the government to approve tax, pension, and fiscal changes, facilitating the implementation of pro-business policies. A labour reform will be a priority in 2018. Conflict with the United Kingdom over the Falkland Islands (Malvinas) is highly unlikely because of thegovernment's policy of improving relations with the major developed economies and Argentina's military weakness.

Last update: March 27, 2018

Operational Outlook

President Mauricio Macri has made fundamental shifts on price controls, utility tariffs, export taxes, and currency and import controls. The government will continue to drive policy change, improving market access through 2018. The larger support base won in Congress by ruling Cambiemos ("Let's Change") coalition in the October 2017 mid-term legislative elections facilitated the approval of tax, pension, and fiscal changes. The government has also committed to invest in vital infrastructure, notably the Plan Belgrano, focused on transport and construction in Argentina's northern provinces and on opening up the energy renewables and mining sectors.

Last update: March 27, 2018

Terrorism

Elevated

The main risk in Argentina comes from small anarchist groups, which occasionally use homemade IEDs against banks and embassies. However, risk of large-scale damage to property is low. In 1992 and 1994, two major terrorist attacks planned by Hizbullah against the Israeli embassy and a Jewish centre in Buenos Aires killed more than 100 people, but no similar attacks have since occurred. Terrorism risks will slightly increase in 2018 as the country hosts the G20.

Last update: March 27, 2018

War Risks

Moderate

Although reclaiming sovereignty over the Falkland Islands from the United Kingdom is a longstanding foreign policy priority, Argentina's much-reduced military capabilities and political considerations make another attempt to take the islands by force very unlikely. Foreign ships operating in the disputed area face a low risk of seizure, but military confrontation is highly improbable, given the UK's marked military superiority and sharp cuts in Argentina's military budget. In recognition of this, Argentina has reiterated it will keep pursuing its claim through diplomatic channels. The issue will continue to be raised at the United Nations and regional groups such as the Union of South American Nations (UNASUR).

Last update: March 27, 2018

Social Stability

High

Politically and economically motivated protests are likely to remain frequent through 2018, mainly driven by President Mauricio Macri's economic adjustment. Environmental concerns over energy, mining, and genetically modified crops will also remain drivers of protest. Inflation and perceptions of rising crime are also likely to trigger social unrest. Strike action by the powerful truck drivers' union over wages poses serious disruption risks for ground cargo nationwide and the country's main ports. Anti-mining protests by environmentalists and growing opposition to fracking in Neuquén province will likely drive sporadic localised protests.

Last update: March 27, 2018

Health Risk

High

Vaccinations required to enter the country

No vaccinations are required to enter the country.

Routine Vaccinations

Hepatitis A: a vaccine is available for anyone over one year of age. The vaccine may not be effective for certain people, e.g. those born before 1945 and who lived as a child in a developing country and/or have a past history of jaundice (icterus). These people can instead get a shot of immune globulin (IG) to boost their immunity against the disease.

Hepatitis B: a vaccine is available for children at least two months old.

Diphtheria-Tetanus-Polio: a booster shot should be administered if necessary (once every ten years).

Other Vaccinations

Typhoid Fever: if your travels take you to regions with poor sanitary conditions (for children two years old and up).

Rabies: for prolonged stays in an isolated region (for children from when they can walk).

Malaria: recommended preventive medication - chloroquine (sometimes marketed as Nivaquine) for a stay in the north of the country.

For Children: all standard childhood immunizations should be up-to-date. In the case of a long stay, the BCG vaccine is recommended for children over one month and the MMR (measles-mumps-rubella) vaccine for children over nine months.

Last update: November 27, 2013

Natural Risks

High

Coastal areas of Argentina, including Buenos Aires, and low-lying areas in Santa Fe province are vulnerable to flooding. Some 80 people died in April 2013 in flooding in Buenos Aires province, including within the city limits.

The Andes mountain range, in which Argentina is partially located, is a seismic zone; as such, earthquakes regularly strike in Argentina, particularly in the north and west. However, major damage or loss of life is rare.

Volcanic eruptions in neighboring Chile can lead to major flight disruptions in Argentina, sometimes lasting days or even weeks.

Last update: February 13, 2018

Transportation

Elevated

It should be noted that rail networks are limited and, as such, long-distance travel is usually taken by airplane or by bus.

Buenos Aires is served by commuter rail lines as well as a metro. However, the metro only serves a relatively small part of the city. The rest of the city is served by buses. Public transit is safe in the capital, although users should be on alert for pickpockets. Uber has been banned in the capital region although the application is still active (drivers risk up to ten days in prison).

Taxi scams are relatively common at international airports. Here, the safest types of taxi are private remises, which generally charge by the kilometer, though there is often a set fee when traveling from airports which is paid at the taxi company's kiosk located at the airport. Radio taxis are also safe, as well as plentiful and inexpensive, and can be picked up at taxi stands or hailed off the street; in Buenos Aires they are yellow and black, while outside the capital they are white and blue.

Police checkpoints are common on roads outside the capital and, as such, it is important to always carry your photo ID (passport), driver's license, vehicle registration documents, and car insurance information when driving. The country suffers from relatively high rates of traffic accidents (7896 road fatalities in 2013) and road conditions vary throughout the country.

Adverse weather conditions, such as snow and wind, regularly lead to land border closures with neighboring Chile, many of which are located in the Andes mountain range. On a related note, long waiting times have become common at the border - in particular, at the Los Libertadores border crossing - with Argentineans flocking to shop in Chile, where many products are sold at cheaper prices. There are strict importation laws in Argentina and cars are subject to search. Waiting times tend to be particularly long on weekends, particularly in the weeks preceding Christmas.

Last update: February 13, 2018

Infrastructure

Power outages are relatively common in Buenos Aires due to insufficient energy supplies, especially during periods of particularly high temperatures during the summer months (October-March). The outages regularly result in protests as well as traffic disruptions due to nonfunctioning traffic lights.

Last update: February 13, 2018

Practical Information

Climate

In the northeast the climate is subtropical (hot and humid); the rainy season there lasts from November until March during which period violent but brief thunderstorms are common. From May until September, temperatures are pleasant during the day and sometimes cool at night.

In the Buenos Aires region, humidity levels are high all year long. The summer is hot and humid and the winter mild and humid. Springtime is pleasant.

In the northwest the rainy season, when temperatures are high during the day and cool at night, begins in October and ends in March. The rest of the year temperatures are mild and it rain is rare.

In Patagonia, rain is rare throughout the year. Conditions in the winter are dry, sunny, and very windy while summers are mild. In Tierra del Fuego (extreme south), winters are cold and summers cool.

Useful Numbers

Country Code: +54
Police (Buenos Aires): 911
Fire Department: 100
Ambulance: 107

Electricity

Voltage: 220 V ~ 50 Hz

Outlets:

Last update: October 21, 2013