"I believe that Argentina and Russia should reach the level of economic cooperation befitting their extensive diplomatic relations. So far this cooperation failed to reach the levels that were envisioned several years ago," Hutschenreuter told RIA Novosti.
Despite that, the two countries are involved in numerous joint scientific and technological projects.
"Many people believe that the new Argentine administration will put an end to these projects, but I don’t think so," Hutschenreuter said.
"I believe that the new government will be pragmatic when it comes to foreign relations. That is, it will perceive the world through the prism of its capabilities and potential gains for its national interests," he added.
Argentina and Russia enjoy a warm relationship; they maintain a visa-free regime and Russia is one of Argentina's key export partners. When the EU and the US invited
Argentina to participate in sanctions against Russia last year, Argentina balked, winning the respect of President Vladimir Putin.
A second round of presidential elections was held in Argentina on Sunday. According to preliminary reports, the opposition candidate Mauricio Macri is poised to triumph over his opponent, Daniel Scioli.
