“Negotiations are on the right track” and should be concluded in coming months, said Uruguayan sources adding that one of the current difficulties is what will happen with the Argentine negotiating team, following December 10 when re-elected President Cristina Fernandez takes office for her second consecutive four year mandate.
European Union and Latin American leaders called for a quicker pace in concluding the EU/Mercosur cooperation and trade negotiations. The statement took place during the meeting in Brussels of the Euro-Latinamerica Parliamentary assembly.
Uruguay’s Vice president Danilo Astori downplayed the effects of Argentina’s restrictive measures for the purchase of dollars and forecasted an excellent summer season with hundreds of thousands of Argentines tourists visiting Uruguay.
Uruguay’s Central bank sees “few probabilities” of a strong deceleration in emerging economies or a ‘significant’ fall in commodities prices even when lately there has been a drop in the value of grains although still above their historic average.
Brazil’s Foreign Affairs minister Antonio Patriota said Brasilia supports Uruguay in its controversy with France following President Nicholas Sarkozy claim, at the recent G20 summit, that Uruguay was a ‘fiscal haven’.
Falkland Islands representatives will be attending the annual Overseas Territories Consultative Council on November 23/24 in London when the British Government's new strategy for its Overseas Territories will be at the heart of discussions.
Thousands of demonstrators marched on Monday in south China to protest against a local land grab, carrying banners and shouting slogans opposing 'dictatorship' and 'corruption', locals said.
The second of a planned series of extended political articles written exclusively for the Penguin News web site by Deputy Editor John Fowler.
European and Latinamerican leaders agreed in Brussels that the two continents should continue to strengthen links in spite of the serious financial and economic situation facing the European Union.
Commercial flights in Argentina, Uruguay and Paraguay were cancelled or reprogrammed Tuesday morning because of disruptions caused by the hovering volcanic ash being blown from the Chilean Puyehue which erupted five months ago.