IBOV 174,586.26 ▲ 0.01% IPSA 11,369.18 ▼ 0.71% IPC MEX 66,644.91 ▲ 0.53% MERVAL 3,024,971 ▲ 0.53% COLCAP 2,504.68 ▼ 0.15% BVL PERÚ 60,449.35 ▲ 0.30% USD/BRL5.15▼ 0.02% USD/MXN16.96— 0.00% USD/CLP920.93▲ 0.84% USD/COP3,116▲ 1.71% USD/PEN3.35▲ 0.27% USD/ARS1,514▲ 0.17% USD/UYU40.18▲ 1.55% USD/PYG5,957▲ 0.99% USD/BOB11.50▲ 1.47% USD/DOP58.05▼ 0.45% USD/CRC450.21▲ 2.07% USD/GTQ7.62▲ 2.21% USD/HNL26.82▲ 0.34% USD/NIO36.62▲ 0.79% USD/VES789.35▲ 0.36% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.73▲ 1.10% EUR/BRL6.00▼ 0.15% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 174,586.26 ▲ 0.01% IPSA 11,369.18 ▼ 0.71% IPC MEX 66,644.91 ▲ 0.53% MERVAL 3,024,971 ▲ 0.53% COLCAP 2,504.68 ▼ 0.15% BVL PERÚ 60,449.35 ▲ 0.30% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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UK Bars Sale of South Korean Fighter Jets to Argentine Air Force

By · October 31, 2020 · 2 min read

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RIO DE JANEIRO, BRAZIL – The United Kingdom has effectively barred the sale of the FA-50 Fighting Eagle to Argentina, with the South Korean manufacturer informing Buenos Aires that it is unable to supply the light fighter and strike jet since it has British-made parts.

In a letter dated 28 October, a senior official at Korea Aerospace Industries (KAI) told Argentina’s ambassador to the Republic of Korea Alfredo Carlos Bascou that the FA-50 cannot be exported due to the UK government’s arms embargo on the country. The FA-50 includes six major components that are sourced from the UK.

The United Kingdom has effectively barred the sale of the FA-50 Fighting Eagle to Argentina, with the South Korean manufacturer informing Buenos Aires that it is unable to supply the light fighter and strike jet since it has British-made parts.
The United Kingdom has effectively barred the sale of the FA-50 Fighting Eagle to Argentina since it has British-made parts. (Photo internet reproduction)
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“It is our regret to inform you that the UK export license issue is not resolved to date. Although KAI did not yet find a solution, KAI is making a reasonable endeavor to resolve this UK export license issue,” the letter posted online said.

In Argentina Defense minister Agustín Rossi, admitted that the British government had objected to the FA-50 operation with South Korea. Rossi described the situation as another display of “imperial arrogance” by the UK.

Following the 1982 South Atlantic conflict, the UK imposed an arms embargo on Argentina extensive to procurements which have minimum components of British origin; this is the case with the South Korean FA-50, having six UK-made components.

Something similar happened when Argentina approached Brazil, which has made a significant purchase of Swedish jet fighters, most of which are to be assembled in Brazil. However most of the Saab Grippen avionics is of British origin.

The Argentine air force is almost grounded since it has been unable to replace the fifty-plus aircraft lost during the Falklands conflict, be it for financial reasons or the UK embargo. According to Argentine media, the country is now considering an approach to China or Russia for the supply of jet fighters.

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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