Latin America

• Tuesday, August 28th 2012 - 06:46 UTC

  Europe waiting for Mercosur to overcome ‘Paraguay situation’ and resume trade talks

  

  The European Commission remains “on hold” waiting for the evolution of events in Mercosur with the incorporation of Venezuela as full member and the suspension of Paraguay, before addressing a new round of association and trade negotiations.

• Tuesday, August 28th 2012 - 06:36 UTC

  Ecuador, boosted by Latam support ready to resume talks with UK on the Assange case

  

  Following the strong unanimous support from Latin America approved by OAS, Ecuador will resume talks with the UK over the future of Wikileaks founder Julian Assange currently holed in at the Ecuadorean embassy in London, announced on Monday the country’s Foreign minister, Ricardo Patiño.

• Tuesday, August 28th 2012 - 06:24 UTC

  OAS mission in Paraguay to follow electoral process and political conditions

  

  The OAS, Organization of American States, cabinet chief and head of political affairs are expected in Paraguay to continue with the organization’s mandate of establishing an electoral committee and helping with the process of strengthening democracy in the country.

• Tuesday, August 28th 2012 - 05:53 UTC

  Peruvian prosecution insists former guerrilla leaders must pay compensations

  

  The Peruvian anti-terrorist Attorney General Office said that civil compensation to the tune of 1.4 billion dollars with be collected from members of the guerrilla groups Shinning Path and the leaders of Tupac Amaru Revolutionary Movement, MRTA.

• Tuesday, August 28th 2012 - 05:17 UTC

  Colombian president confirms peace talks with FARC; first round Oslo in October

  

  Colombian President Juan Manuel Santos has confirmed his government is holding exploratory talks with the country's largest rebel group, the FARC. In an address on state TV, Mr Santos said he was fulfilling his “duty to seek peace”. Media reports say a deal on further talks was reached in Cuba with the help of Venezuela and Norway.

• Tuesday, August 28th 2012 - 03:52 UTC

  Brazil’s defence industry booming and promoting projects with neighbours

  

  Brazil's defence industry is booming, fuelled by government incentives to modernize the country's armed forces and develop a robust, export-oriented military industrial complex. With the world's sixth largest economy, Brazil was ranked as the eighth largest arms exporter in the 1980s but currently languishes in 30th place, according to industry experts

• Tuesday, August 28th 2012 - 03:42 UTC

  Colombia and FARC ready for peace talks with support from Cuba and Norway

  

  Colombia's government will soon begin talks that could lead to formal negotiations for peace with the country's biggest guerrilla group, known as the FARC, according to a Colombian intelligence source.

• Tuesday, August 28th 2012 - 03:36 UTC

  YPF trying to convince Chevron to help develop massive shale deposits in Neuquen

  

  Argentina’s nationalized oil and gas company YPF and the head of Latin American and African operations for Chevron Corp. are discussing a potential agreement to develop the massive Vaca Muerta shale oil and gas formation in the Patagonian province of Neuquén.

• Tuesday, August 28th 2012 - 03:32 UTC

  Mexico launches dispute at WTO against Argentina’ import licensing rules

  

  Following similar complaints against Argentina by the European Union, United States and Japan, Mexico has launched its first dispute against Argentina at the World Trade Organization, the WTO announced on Monday.

• Monday, August 27th 2012 - 06:05 UTC

  Ecuador receives full support from OAS Ministers in dispute with UK over Assange case

  

  The Foreign Ministers of the Organization of American States (OAS) approved last Friday a resolution supporting the inviolability of diplomatic premises, in accordance with the provisions of the 1961 Vienna Convention on Diplomatic Relations, in the context of the situation created between Ecuador and the United Kingdom.