The proposal of creating a variable-speed (flexible) Free Trade Association of the Americas, FTAA, seems to have gained ground in the current ministerial meeting in Miami in spite of Chile, Mexico and Canada who prefer a more committed and rigid accord.
Headlines:
Sustained industrial expansion; Review of public utilities rates only in 2004; Unemployment and corruption, Argentina's nightmares; Argentine officers join Chilean Army exercises; Economic state of emergency extended to 2005.
The main issue at this year's Overseas Territories Consultative Council (8 -10 December)(OTCC) will be to review developments since the March 1999 White Paper Partnership for Progress and Prosperity was published.
After setting records for helicopter flights around the world, a 63-year-old woman said she will now try to become the first helicopter pilot to circumnavigate the globe via the North and South Poles.
Ministers from 34 countries of the Americas approved this Thursday the Miami Declaration which contemplates a more flexible Free Trade Association of the Americas, FTAA, agreement enabling negotiations to proceed in accordance with the 2005 timetable.