UPDATE 1-FACTBOX-Policies of Argentina's new president

(Adds details from inauguration speech)

Dec 10 (Reuters) - Cristina Fernandez de Kirchner took office as Argentina's first elected woman president on Monday, succeeding her husband, Nestor Kirchner.

Here are some of her main policies:

ECONOMIC POLICY - Fernandez is expected to keep her husband's leftist policies of government intervention in the economy. In recent weeks, Kirchner raised export taxes on soy, wheat and corn exports and set a maximum price for milk aimed at keeping domestic dairy prices down. Fernandez is also expected to maintain government-imposed maximum prices for basic foodstuffs and other goods.

SOCIAL PACT - Fernandez's central policy proposal is a "social pact" between business, the government and unions. Analysts believe she will try to use the pact to tame inflation and spur investment by having companies accept smaller profit margins while unions would cap wage demands.

MONETARY POLICY - She is strongly against using monetary instruments to guide the economy, feeling that open market policies prescribed by multilateral lenders led to Argentina's economic crash in the late 1990s. Instead, she will appeal to banks to cut lending rates to spur investment and economic growth.

DEBT - Fernandez is expected to move quickly to restructure $6.3 billion in defaulted debt to the Paris Club group of wealthy creditor nations. To reach a deal, Argentina will probably have to reopen to holdouts its massive 2005 debt restructuring, and improve frosty relations with the International Monetary Fund.

TRADE - She is expected to keep the peso currency weak to help exporters and maintain a trade surplus. In international trade talks, she will fight for reduced agricultural subsidies in rich nations.

FOREIGN POLICY - Fernandez is close to Venezuela's leftist President Hugo Chavez, a vocal critic of the United States, but is expected to maintain good relations with Washington. In her inauguration speech, she said she would help push for a quick entry of Venezuela into the Mercosur regional trade bloc.

GOVERNMENT SPENDING - Fernandez has said she will aim for a primary budget surplus of 3.1 percent of gross domestic product, but Kirchner said his wife would be even more frugal than that by aiming for a surplus of 4 percent.

HUMAN RIGHTS - Fernandez said in her inauguration speech she would push courts to speed up trials of human rights abusers from Argentina's 1976-1983 military regime.

DEMOCRACY - She has promised to strengthen Argentina's weak democratic institutions: Congress, courts and regulatory agencies. (Compiled by Fiona Ortiz in Buenos Aires; Editing by Kieran Murray)