Investments

• Tuesday, July 18th 2023 - 10:38 UTC

  EU to invest € 45 billion in Latin America and Caribbean

  

  European Commission President Ursula von der Leyen announced Monday an investment of € 45 billion over several years for Latin American and Caribbean economies through the Global Gateway program, the EU's response to massive Chinese undertakings in the region.

• Tuesday, July 18th 2023 - 09:16 UTC

  Uruguay to purchase brand new OPVs from Spanish shipyard

  

  Uruguayan authorities Monday announced they had placed an order for the purchase of two brand-new Ocean Patrol Vessels (OPV) from the Spanish shipyard Cardama for € 82 million, it was reported in Montevideo.

• Friday, July 14th 2023 - 10:46 UTC

  Falklands projected new port facility is a floating dock at FIPASS location

  

  A tender was launched on July 10 for a new port facility for the Falkland Islands, following previous iterations of plans being deemed too costly. The tender is for a floating dock location, to be located in the same location as FIPASS, the current port facility.

• Wednesday, July 12th 2023 - 22:21 UTC

  Falklands CFL Charitable Fund made seven awards this year

  

  Falkland Islands Consolidated Fisheries Ltd Charitable Trust has made a total of seven awards this year, benefitting a range of people both in the Falklands community and beyond.

• Tuesday, July 11th 2023 - 08:29 UTC

  LatAm lures record foreign direct investment in 2022

  

  According to a report from the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) released Monday, Latin America and the Caribbean attracted a record volume of foreign direct investment (FDI) in 2022 with US$ 224.58 billion injected, which represented a 55.2% increase from 2021.

• Monday, July 10th 2023 - 19:17 UTC

  Falklands launches tender for replacement of port facility FIPASS

  

  FIG today launched a tender for the provision of a new port facility for the Falkland Islands. The tender process was approved by Executive Council in February 2023, and today’s launch follows months of work with professional advisers and engagement with existing port users to refine the specification and provide both FIG and prospective tendering companies with a robust and complete model of what the Falklands needs from its port facility, looking decades into the future.

• Monday, July 3rd 2023 - 08:12 UTC

  MSC and Maersk alliance to end 2025; MSC investing in new vessels, Maersk in logistics

  

  Mediterranean Shipping Company and AP Møller-Maersk that since 2015 set aside their rivalry and shrugged off opposition from regulators to form a capacity-sharing alliance have now agreed to part, with different focus in the future of the industry.

• Saturday, July 1st 2023 - 10:53 UTC

  Brazil/Argentina bilateral trade better, but still lacks the dynamism of past years

  

  Trade relations between Brazil and Argentina are improving with an overall volume of US$12.5 billion in the first five months of this year. Brazil exported US$7.5 billion worth of goods and imported US$ 5 billion from Argentina, according to the Comexstat portal of the Brazilian Ministry of Industry, Commerce, and Services.

• Saturday, July 1st 2023 - 10:49 UTC

  Mercosur members challenge Argentina toll fee on Parana/Paraguay waterway

  

  Delegations from Paraguay, Bolivia, Brazil, and Uruguay recently convened a meeting to challenge Argentina’s imposition of a toll fee on the Paraná-Paraguay Waterway. The neighboring countries argued that the evidence presented by Argentina did not provide enough services to justify the charge.

• Friday, June 30th 2023 - 10:32 UTC

  Bolivia signs lithium production deals with Russian, Chinese companies

  

  Bolivia's state-owned company Yacimientos de Litio Bolivianos (YLB) Thursday signed two separate agreements whereby Chinese and Russian companies will invest over US$1.4 billion to build two industrial complexes for the production of lithium carbonate, it was reported in La Paz.