Ecuador's chief trade negotiator, Manuel Chiriboga, admitted that a huge uncertainty surrounds the future of the free trade negotiations with United States suspended since the end of March.
In spite of the agreement to tone down the energy dispute, another area of tension is brewing between neighbouring Brazil and Bolivia: landholdings.
The presidents of Brazil and Bolivia toned down Saturday in Vienna a row over Bolivia's nationalization of its energy sector which exposed deep divisions in Latinamerica over economic policies and how to address much needed foreign investment.
The growing regional rift in Latinamerica was acknowledged Saturday by Venezuela's Hugo Chavez, the most extroverted of the region's leaders who is pushing for a return to (nationalist) Bolivarian roots and Socialism with governments playing predominant roles in the economy.
The European Union is tilted towards Uruguay in the pulp mills dispute with Argentina announced Uruguayan president Tabare Vazquez Saturday in Vienna following a meeting with EU Trade Commissioner Peter Mandelson.
The European Union-Latin America summit in Vienna, with over 60 leaders from the two continents ended with very few concrete measures on trade and was dominated by the lack of unity among Latin American countries.
FALKLANDS businesses are incredibly optimistic about their future, despite the economic challenges they face.
Less than two weeks from polling day, a Colombian presidential candidate who promised to end the country's internal conflict in six months is walking out of the race.
Venezuelan president Hugo Chavez proclaimed in London the beginning of a new era in Latinamerica with a major force block of left wing governments such as Cuba, Brazil, Bolivia, Argentina.
The Panama Canal Authority (ACP) is recommending the building of a new lane along the Panama Canal that would double capacity at an estimated cost of 5.25 billion US dollars.