The construction of the Nestor Kirchner and Jorge Cepernic dams in Santa Cruz, Patagonia is finally set to begin now that China has deposited the first 287.7 million dollars tranche of funding for the massive 4.71 billion project, Argentine President Cristina Fernández announced before leaving for a state visit to China.
Mercosur does not exist; Uruguay is losing precious time and should try a one to one trade agreement with the European Union, according to Paul Riezler, president of the Euro-Chamber in Uruguay and of the Uruguay-Germany Commerce and Industry Chamber.