European Union Foreign Relations Commissar Benita Ferrero-Waldner currently visiting several Mercosur countries is scheduled to meet with her Argentine counterpart Jorge Taiana, Monday in Buenos Aires.
Mercosur and European Union delegates begin Monday a two days meeting in Rio do Janeiro with the purpose of re-launching negotiations for a free trade agreement.
King of Spain Juan Carlos will act as a facilitator or impeller, according to the version, in an attempt to bring together the positions of Uruguay and Argentina divided over the construction of paper mills and pickets blocking bridges between the neighboring countries.
Spanish Prime Minister José Luis Rodríguez Zapatero wishes to use the Ibero-American Summit that opened yesterday in Montevideo to broker a truce between Argentina and Uruguay in their ongoing rift over Uruguayan paper pulp mills.
UN Secretary-General Kofi Annan yesterday praised leaders at the 16th annual Ibero-American Summit for resolving to make progress on growing illegal immigration in an increasingly mobile world community.
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The plight of millions of Latinamerican migrants looking for better living conditions in the United States or in the European Union will be the main issue of the 16th Iberoamerican summit which officially opens this afternoon in Montevideo.
Latin America and the Caribbean are forecasted to expand 4.3% next year following this year's 4.8% and 4.4% in 2005, according to the latest review from the International Monetary Fund, IMF, released this week.
China's central bank announced Friday it was raising the bank reserve requirement for the third time this year to soak up excess liquidity in the banking system as the nation's trade surplus mounts.
The Netherlands has signed an agreement granting autonomy to the Caribbean territories of Curacao and St Maarten.