Brazil exports soared 30% this year compared to 2003 but economists warn that a weak dollar is threatening the current rate of expansion. The Brazilian currency, Real, as have the euro and the yen have been consistently appreciating against the weakening US dollar.
From a virtually monopoly situation Punta Arenas this high season has three airlines competing in the Santiago round trip market with a total daily supply of 1.230 seats.
Mercosur has problems, it's not working as it should and its future in uncertain, said Danilo Astori, Uruguay's future Finance Minister who takes office next March.
The United States Securities and Exchange Commission, SEC has given the much awaited green light to the huge restructuring package of Argentine debt.
Spanish Minister of Agriculture, Fisheries and Food (MAPA), Elena Espinosa said she was most satisfied with the European Commission (EC) and the European Union (EU) presidency support for Spain's claims regarding fishery quotas and total allowable catches (TAC) for 2005.
Headlines:
Chilean beef and cheese exports; Magallanes Expo next January; Mega hotel in Puerto Natales.
The Chilean presidential pre-candidate Michelle Bachelet from the ruling coalition would win by a 51% landslide in the first round of presidential elections, if they were held next Sunday, according to a public opinion poll from Fundación Chile 21.
The Investment branch from the Brazilian Agency for the promotion of Exports, APEX, will be officially launched by president Luiz Inacio Lula da Silva January 16 in Davos, Switzerland, the largest world gathering of political and business leaders.
The Free Trade Association of the Americas, Mercosur-European Union talks and the World Trade Organization Doha round are the three main international challenges for Mercosur next year.
Bilateral trade between Venezuela and China will reach 3 billion US dollar in 2005, double this year, President Hugo Chavez said on his return to Venezuela following a five-day official visit to Beijing which was also another strategic move to lessen dependency from the dominating regional power.