A greater opening of the air market and cooperation with regulatory issues was proposed by the European Commission to Chile, Australia and China.
The historic trade deficit of Chile with Mercosur full members, Argentina, Brazil, Uruguay and Paraguay is forecasted to reach a new record this year, possibly above 6 billion US dollars.
Brazilian president Luiz Inacio Lula da Silva underlined Monday the stability and growth of the Brazilian economy in spite of the political turbulence generated by the constant claims of corruption at government level and in Congress.
Chilean President Ricardo Lagos announced Sunday a package of measures to soften the impact of the surging price of gasoline which has been forecasted to reach the equivalent of almost 1,40 US dollar per litre in the near future.
Argentina figures in 2005 among the world's economies with the highest levels of inflation, 9,6%, behind Venezuela with 15,3% and Russia, 12,5%, according to a report from the Argentine Institute for Social Development, Idesa.
With the world oil and refined products crisis expanding particularly following the impact of hurricane Katrina which virtually knocked out 30% of United States domestic oil production, how do South American countries cope with the situation?
Given the discouraging prospects of the coming trade liberalization negotiations in the framework of the World Trade Organization, Mercosur and the European Union decided in Brussels to resume the interrupted talks.
The Chilean military Junta support to Britain during the 1982 conflict was important, but did no influence the outcome of the war; United States support to Britain was decisive, remarked former Argentine Army Commander General Martin Balza interviewed by the Chilean media.
Chilean beef imports increased 16% in the first seven months of 2005 compared to the same period in 2004, according to a report from the Santiago Chamber of Commerce.
Latinamericans are ever more suspicious of President George Bush intentions in the region, said Republican Senator Norm Coleman head of the Latinamerican Affairs Committee following a recent visit to several South American countries.