The 27-year-old had been requested to return to England by City after he flew home to visit his family last week, apparently without permission from his employers.
However, Tevez has remained in South America while discussions take place between his advisors and the club.
"Over the weekend there have been a series of meetings and conference calls," Tevez's representative told Press Association Sport.
"Carlos is still in Argentina, however, both sides are kind of in agreement that they want a resolution as quickly and as smoothly as possible.
"Discussions will probably be ongoing for the foreseeable future."
Source: PA
Source: PA