
Representatives from the General Secretariat of Maritime Fisheries (SGPM) and the Spanish General Directorate of Fisheries Resources met with the Argentine lawmaker Silvia Giusti in the Argentine Senate for talks over the bill that tacitly proposes eliminating the so called double permits.

Oil firms operating in Argentina celebrated a law passed this month to transfer property of hydrocarbons from the nation to provinces, saying that it will foster legal security and investments. But critics say that it will do nothing but atomize control over oil and gas exploration and exploitation.

South African Airways (SAA) next July will return to Argentina †a market it stopped serving in 2001 partly due to high-operating costs at Buenos Aires' Ezeiza international airport †with three flights a week, and increase weekly flights to Sao Paulo from seven to 10, to have a dual gateway to South America.
Uruguay confirmed Monday it would willingly withdraw military personnel stationed in the perimeter of the Botnia-Orion pulp mill under construction, following a request from the Finnish company.

Uruguay accused Argentina of violating Mercosur regulations and Brazil of passive complicity by not reacting, and under these circumstances there's no way Mercosur can advance, claimed Uruguayan Minister of Economy Danilo Astori.

Governments in Latin America and the Caribbean expect a fourth straight year of economic growth in 2006, topped by a jump of 12.5 percent in Cuba, according to a report issued Thursday by the UN economic agency for the region.

Escalating mutual recriminations and complaints between Argentina and Uruguay signaled the first day of deliberations at the Mercosur ministerial meeting in Brasilia in the same week that the group officially inaugurated its Parliament.
Argentina and Brazil signed in Brasilia a protocol for a bilateral trade payments system in local currencies which gradually eliminates the US dollar helping to reduce goods and services transactions costs.

Headlines: A close shave for cash; Status: to have and to hold?; De-mining study; Attorney General's shock resignation; This week's cruise visits; New Playground to open; Legislative Council meets today; Get ready for the Raft Race.

Oil gained more than a dollar on Thursday after Opec decided to cut its output by two per cent from February.