European Union Trade Commissioner Pascal Lamy currently in Buenos Aires said the EU is willing to be flexible with the purpose of reactivating the deadlocked negotiations in the framework of the World Trade Organization, WTO.
Argentine Economy minister Roberto Lavagna said Argentina must advance aggressively with its agriculture claims in the coming months, once the WTO peace clause expires.
The Chilean peso finished this Thursday below the 600 benchmark against the US dollar in Santiago money markets.
Foreign ministers from the Group of 20 or G-20, a main player in the agricultural subsidies battle are gathered in Brasilia preparing for the next World Trade Organization confrontation in Geneva the coming week, following the collapse of the Cancun talks.
OPEC Secretary General Alvaro Silva said the organisation is considering trading oil in euros to compensate for the US dollar's decline in value.
New Zealand signed a tax agreement with Chile that will complement a proposed free-trade agreement between the two nations and Singapore, Finance Minister Michael Cullen said in a statement.
An Argentine court on Wednesday offered immunity to a former army colonel in exchange for his testimony about illegal arms sales to Ecuador and Croatia in the 1990s.
President Néstor Kirchner yesterday marked 20 years since democracy was restored after the military dictatorship, describing Argentina's worst-ever economic crisis with a subdued euphemism, liabilities outweigh assets.
Brazilian President Luiz Inacio Lula da Silva administration approval rating stands at 41,9%, according to a public opinion poll released this week.
The European Union members reached in Brussels a new active and constructive negotiation stand for the World Trade Organization, WTO, round that is scheduled to resume discussions next December 15 in Geneva.