Exports of Chilean bottled wine to foreign markets are increasingly lucrative, with wine prices increasing in nine of the top ten market destinations between January to November last year.
The European Union called on the United States to show leadership in reviving the stalled Doha trade talks ahead of meetings in Washington next Monday of top EU officials with President George W. Bush and the new Democrat congressional leaders.
Chile's exports ÃÂ¢€ at least in terms of dollar amounts ÃÂ¢€ rose dramatically in 2006, fueled in large part by record high copper prices.
Argentina in the first ten months of 2006 exported 376.000 tons of rice valued at 98 million dollars US dollars, half of which to Mercosur partner Brazil, which is also its main trading partner.
Chile's Consumer Prices Index, IPC, ended at 2.6% in 2006 with a last 0.1% push from December, according to the latest release from the country's Statistics Institute, INE.
Argentina has filed a dispute complaint against Chile before the World Trade Organization (WTO) after Chile in mid December imposed a 23-percent additional safeguard on some dairy products imported from Argentina.
China's central bank under international pressure to make the yuan more flexible will in 2007 pursue a stable currency policy to promote economic growth.
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.
Argentina's stock market ended 2006 with an unprecedented yearly average increase of 35 percent which placed it among the world's top ten performers, the Argentine Institute for Capital Markets (IAMC, in its Spanish acronym), said in a report. Several other world markets also reached record highs.
Latinamerican currencies are expected to begin 2007 with the same upward tendency as during the end of 2006 as foreign investors' flock to emerging markets.