On April 17th 2007 the Heads of State adopted at the South American Energy Summit the following presidential declaration:
"PRESIDENTIAL DECLARATION ON THE MALVINAS ISLANDS"
On December 9, 2006, during the 2nd Summit of Heads of State of the South American Community of Nations, the following Declaration was established:
"We reaffirm the support for the legitimate rights of the Argentine Republic in the sovereignty dispute with the United Kingdom of Great Britain and Northern Ireland regarding the Malvinas Question. Likewise, we strongly encourage the Governments of the Argentine Republic and the United Kingdom of Great Britain and Northern Ireland to resume the negotiations in order to find as soon as possible a fair, peaceful and lasting solution to the sovereignty dispute over the Malvinas Islands, South Georgia and South Sandwich Islands and the maritime surrounding areas in conformity with the resolutions and declarations of the General Assembly and the Special Committee on Decolonisation of the United Nations and the Organization of American States".
Within this framework, we support the decision of the Argentine Republic to terminate the Argentine-British Joint Declaration of September 27, 1995 under the sovereignty safeguard formula, on "Cooperation over Off-shore Activities in the South West Atlantic", dealing with the exploration and exploitation of hydrocarbons in the area subject to the sovereignty and jurisdiction dispute for the reasons explained in the communication transmitted by the Argentine Government to the United Kingdom on March 27, 2007. Furthermore, we have taken note of the new legislation adopted by such Government in this respect."