
Brazilian government controlled Petrobras entered the Chilean fuel distribution market in Chile with the inauguration Tuesday of a service station in Santiago. The company paid 400 million US dollars for US-based Exxon-Mobil’s stake in Esso Chile Petrolera and other units in the Andean nation and has targeted a 20% share of the market.

Colombia is likely to become the regional hub for the Pentagon’s Latin American activities and its Fort Apache as US and Colombia near a cooperation agreement that would expand US military presence in the country.

Chile respects Colombia's sovereign decision to allow the US to use Colombian military bases for counter-narcotics operations in the region, the country's foreign Minister said Wednesday.
Bolivia signed this week an agreement with Russia for the purchase of a presidential jet plus military equipment and logistics backup, financed in the first leg with a 100 million US dollars credit, announced Defence minister Walker San Miguel.

Argentina's car and car part manufacturers will travel to Venezuela next week to attempt to capitalize on Venezuela decision to cancel imports from neighboring Colombia. The trade mission will be led by Argentine President Cristina Fernandez de Kirchner, the Production Minister said in a press release Wednesday.

Bolivian president Evo Morales apologized to Chile and Argentina over his comments that the hard right could return to rule in both countries and which Santiago considered “interference in internal affairs”.

Chile’s top league team Colo Colo easily defeated Rapa Nui in the first official match in Easter Island. The Chilean heavyweights won the Chilean Cup match 4-0. The locals, who didn't count with any professional footballers, but artisans, fishermen and dancers, played a decent game but were, as was expected, outplayed.

The deployment of US military personnel in Colombian bases and its implication for the region has been included in the agenda of the Union of South American Nations, Unasur, which convenes this week in Quito, Ecuador, according to the country’s Foreign Affairs minister Fander Falconi.

Bolivian president Evo Morales said he was quite concerned with the possibility that the “Pinochetistas” in Chile and the “fascist right” in Argentina could win the general elections in those countries, according to the country’s government news agency, ABI.

Colombian president Alvaro Uribe is visiting most South American countries to explain the extent of the understanding currently under discussion with Washington and which will enable an increase of US military personnel distributed in several Colombian bases, an initiative which has received strong reactions across the continent.