Chile fell from number 25 to number 28 on the World Competitiveness Yearbook that includes 58 countries. This is Chile’s worst position since 2000, when it ranked number 30. The highest position it has had is 18, in 2005.
Tourism operators from the extreme south of Chile in Punta Arenas are demanding that the regional representative of the national Tourism Office, Senatur, Christian Miranda resign and be immediately replaced.
Peru’s Ministry of Energy and Mines (MEM) said this week that the country would rank among the world’s top 5 gold producers before 2015 thanks to the production potential and increased investment in the sector.
The specialized publication Oil World raised its forecast for the world 2009/2010 soy beans crop in 47.6 million tons compared to the previous season, totalling 258.9 million tons. The upward estimate is boosted by the South American crop which will be 37 million tons larger than the 134 million tons of the 2008/09 harvest.
Prime Minister Recep Tayyip Erdogan from G-20 member Turkey will pay formal visits to Brazil, Argentina and Chile at the end of May. Turkey and Brazil have increasing closer links and earlier this week brokered a deal with Iran regarding Teheran’s controversial nuclear fuel production capacity.
Old wounds were reopened between Chile and Argentina this week: a long-time border dispute in the nations’ southern Patagonia regions.
The European Union on Wednesday signed trade agreements with Central America, Peru and Colombia, while some Latin American leaders criticized such deals as only favouring rich countries.
Petrobras, Brazil’s government managed oil and gas corporation rates as the Latinamerican corporation with the largest volume of sales, according to consultants Economática. The top ranked include six Brazilian companies, three Mexican and one from Colombia.
The United States government is currently looking at the possibility of extending the “Visa Waiver” program to include citizens of Chile, Argentina and Brazil, Rodger Dow, President of the U.S. travel association, announced recently.
New Delhi is encouraging Indians to buy farmland in Latin American countries and grow crops to help reinforce food security, reports the Hindustan Times. The Indian Foreign Office is working on a policy framework to promote such an initiative with the purpose of shipping the produce back, thus addressing difficult years of drought.