Argentina's moves to restrict imports and prop up its shrinking trade surplus as well as European farmers resistance to ‘cheap’ meat imports could hurt talks for a trade deal between Mercosur and the European Union, an EU official said on Wednesday.
The number of farmland transactions and the price per hectare were up in Uruguay during 2010 according to a release from Uruguay’s Agriculture and Livestock Ministry Statistics Department, DIEA.
The Latin American Development Bank, IDB, plans to help Latin American countries “de-dollarize” their economies by providing more financing in local currencies, said bank President Luis Alberto Moreno.
Latin America can help solve the global food crisis by expanding farm production, the World Bank said this weekend, and Colombia said it was on board with plans for an 'agricultural revolution'.
The Inter-American Development Bank approved 12.136 billion US dollars in new operations in 2010 and made 10.341 billion in loan disbursements from its ordinary capital, according to its latest annual report issued over the weekend.
Brazil's Planning Minister Miriam Belchior pressed the Inter-American Development Bank, IDB, to move quickly with its planned 70 billion US dollars capitalization to expand the reach of projects in Latin America.
The Brazilian government is planning to impose a financial operations tax on overseas bond issues by Brazilian companies, local financial daily Valor Economico reported Monday.
Emerging countries such as Brazil found a significant space to expand meat exports during the last decade but a heavy weight competitor, United States will be gaining international competitiveness in the sector in coming years because of the steep depreciation of the US Dollar against other currencies.
More than forty Argentine wineries will be participating this week at the Pro Wein 2011 wines and spirits trade exhibition in Dusseldorf, Germany, considered one of the most important of Europe and which attracts some of the best professionals.
The Inter-American Development Bank Group expects to more than double its annual financing to companies in Latin America and the Caribbean over the next four years, a move that will help the Group fulfill its mission to promote development though the private sector in the region.