Although “deeds must follow words”, the world’s “honey moon” with President Obama has extended to Latinamerica following his display at the Summit of the Americas where he managed to modify substantially the emphasis of the region’s leaders towards the new administration, according to different analysts.
Last Sunday, the President of the Bolivarian Republic of Venezuela, announced during the Summit of the Americas that the Venezuelan Government will donate to United States, through CITGO Petroleum company, the Petty's Island located in New Jersey state.
The Chilean subsidiary of Australian mining giant BHP Billiton plans to reactivate projects worth 6.75 billion US dollars that were frozen last year amid the global recession.
Colombia became the third country to seek access to a new IMF credit line for strong performing countries, requesting 10.4 billion US dollars to bolster its economy in the face of the global recession.
United States Trade Representative Ron Kirk said private meetings with Panama and Colombia presidents during the recent Summit of the Americas in Trinidad Tobago had been “very productive” and reiterated that the Obama administration is eager in finalizing free trade agreements with both countries.
Venezuela's main opposition leader is seeking asylum with a “friendly country” and will not appear in court to face corruption charges brought by President Hugo Chavez's government, opposition officials said on Monday.
The three-day summit of leaders from the Americas in Trinidad Tobago ended without a final declaration but with evident progress on the United States' relationship with Venezuela and Cuba.
Chile is just months away from beginning operations at a huge Liquid Natural Gas (LNG) re-gasification plant that was first planned during the Ricardo Lagos administration. The 1.1 billion US dollars plant is located near the Region V coastal city of Quintero.
Venezuelan president Hugo Chavez said that with President Barack Obama leading the US, strained bilateral relations will improve and revealed he was considering the name of his next ambassador in Washington.
Venezuelan President Hugo Chavez rushed a photograph of him and President Obama shaking hands onto his government's website because Mr. Obama is more popular than Mr. Chavez in Venezuela, said Jeffrey Davidow, senior advisor to the US president on Latinamerican affairs.