Latin AmericaLatin America
The Pacific Alliance will try to 'expand its influence' through agreements with other blocks to improve cooperation in different fields while targeting a wider integration in the region, said Mexico's Economy minister Ildefonso Guajardo. The Alliance is holding its summit this week in Punta Mita, Mexico when the chair of the group will pass from Colombia on to Mexico.
German Chancellor Angela Merkel assured Brazil on Sunday that she will do her utmost to bring to successful end negotiations for a cooperation and free trade deal between the European Union and Mercosur.
The determination of European Commission President Manuel Barroso to conclude a deal with Mercosur before he leaves office posed a severe threat to Ireland's interest, Independent MEP Marian Harkin has warned in a piece reported by Irish Independent.
The lasted chapter of the resurgent diplomatic conflict between Argentina and Uruguay was not addressed during a brief encounter of presidents Cristina Fernandez and Jose Mujica in Bolivia where they attended the G77 plus China summit over the weekend.
The summit of G77 leaders plus China wrapped up Sunday with a call for an end to poverty by 2030, after a demand by Bolivia's President Evo Morales to eliminate the UN Security Council. It also marked the presence of Beijing which has become the leading trade partner of many Latam countries.
The G77 plus China extraordinary summit which took place in Bolivia over the weekend approved two statements in support of Argentina's position in the 'Malvinas Islands question' and a second referred to the current conflict with holdout hedge funds, a long running litigation that has reached the US Supreme Court. Argentine president Cristina Fernández attended the Santa Cruz de la Sierra event.
United Nations Secretary-General Ban Ki-moon got an unusual treat for his 70th birthday when the president of Bolivia, Evo Morales, presented him with a cake made with coca leaves. The UN chief was in Santa Cruz, Bolivia for a meeting this weekend of the G77 group of countries to discuss measures for reducing poverty.
President Juan Manuel Santos’ re-election bid received the backing of a large group of Colombia’s most important businessmen and the country’s wealthiest man, billionaire Luis Carlos Sarmiento Angulo, who spoke up in favor of ongoing peace negotiations with the FARC.
Colombians pick a new president on Sunday in a tight runoff election, kind of referendum, fought over whether peace talks with Marxist inspired and drugs financed guerrillas, or a renewed military offensive stand the best chance of ending 50 years of war in the country rich in resources and with one of the more stable economies in the region.
Uruguay's ruling coalition and the main opposition National party have finally worked out their presidential tickets for October's general election, following on the results, and subsequent negotiations, of the June first primary elections.