
Latin America’s foot-wear industry are proposing a “united front” against what they describe as “disloyal trade practices” from China, as part of the Asian giant’s foreign trade policies.

For the first time in more than 130 years, the Bolivian Navy will have access to the Pacific Ocean, after the heads of state of Bolivia and Peru signed an agreement to grant Bolivia access to the sea near the Peruvian port of Ilo.

Russian energy company Gazprom has plans to take a 20% stake in natural gas projects in Bolivia, the gas monopoly said. Gazprom said it could take the stake under the terms of a September deal with French energy company Total for the Ipati and Aquio gas blocks in Bolivia.

Chile will cut red tape on customs to help exporters hit by a strong peso as one measure to ease the effects of the currency's rapid appreciation, Finance Minister Felipe Larrain said on Thursday.

Uruguay’s Foreign Affairs minister Luis Almagro trusts parliament will ratify before the end of the year the Union of South American Nations, Unasur, protocol thus formally incorporating to the regional political and defence group. Uruguay’s legislative opposition does not support incorporation to Unasur.

A thousand government officials and business executives from Latin America and the Caribbean, China, Japan and Korea participated Thursday in the opening session of the China-Latin American Caribbean Business Forum with high-ranking Chinese authorities and Inter-American Development Bank (IDB) executives.

President Evo Morales said on Thursday that Bolivia does not need foreign investors to develop an ambitious lithium carbonate project by 2014.

The European parliament has honoured prominent Cuban dissident Guillermo Fariñas, awarding him the prestigious Sakharov Prize for Freedom of Thought. The 48-year-old journalist has been honoured for his services to advancing human rights in Cuba.

Ecuadorean president Rafael Correa said on Thursday the country had finished negotiations with two oil companies and planned to sign the new service contracts before November 23.

Some companies in Chile have recently become involved in a movement to measure the impact of businesses on freshwater resources.