Argentina's Agriculture, Livestock, Fisheries and Food Secretariat, SAGP y A, established a total 2007 allowable catch, TAC, of 340.000 tons of common hake (Merluccius hubbsi) which is 10.5% lower than last year's TAC of 380.000 tons.
Venezuela and Argentina are forecasted to top economic performance in the region in 2007, above 6% growth, with Chile, Colombia, Panama, Peru and Dominican Republic following at levels ranging 5%, according to a top World Bank official.
A Taiwanese flagged vessel was arrested by the Argentine Coast Guard accused of fishing inside Argentina's EEZ and is currently en route to Comodoro Rivadavia.
Uruguay's Minister of Economy Danilo Astori announced Wednesday the country's economy would expand 4.6% in 2007, after having finished the third year running of expansion above the region's average.