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imageBUENOS AIRES: Argentina's government said on Wednesday its long-term plan was to bring all its sovereign debt governed by foreign law under Argentine legislation.

Latin America's No. 3 economy tipped into default on July 31 after a US court prevented it from servicing debt held under US legislation until it had settled with a group of US investment funds suing the country over their bondholdings.

"The idea is to bring all of it under Argentine jurisdiction," Carlos Zannini, a senior government official, told a hearing of congressional committees.

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