Chilean Foreign Affairs Minister Soledad Alvear said Chile will fully support all efforts to make the Free Trade Association of the Americas a reality in 2005.
The Argentine government said Monday that it will not negotiate under pressure with the groups of unemployed who in the past several days have stepped up their protests and are now preparing a fight plan of nationwide rallies.
The Brazilian government, which is at odds with Washington over the planned Free Trade Area of the Americas, or FTAA, said Monday that it would be easier and more profitable for the Mercosur trade bloc to negotiate with the EU.
President declared that the United Nations should be reformed and given a new mission to eliminate world hunger and poverty, opening a three-day meeting of socialists and social democrats from around the world.
The Eighth ABC, a private initiative, organised jointly by the UK Organising Committee and the Consejo Argentino par alas Relaciones Internacionales (CARI), was held at the headquarters of CARI in Buenos Aires from 24 to 26th October 2003. The objectives were to discuss the bilateral relations between Argentina and Britain, including South Atlantic issues.
President Luiz Inacio Lula da Silva administration has put Brazil's economy in order and established the necessary conditions for renewed growth and the rapid implementation of proposed reforms, announced Finance Minister Antonio Palocci in a national broadcast last Friday.
Following the approval this Wednesday by the Chilean Senate of the Free Trade Treaty with United States that was signed last June, Chilean Foreign Affairs Minister Soledad Alvear underlined that the ratification of the treaty means the job has been done.
Repsol-YPF announced in Buenos Aires that the Spanish-Argentine consortium has plans to invest the equivalent of 750 million US dollars in the coming fiscal year in further exploration and exploitation in the continental shelf of Patagonia.
United States Trade Representative Robert Zoellick who this week visited Beijing, threatened China with closing US markets to Chinese exports if local authorities do not begin with strong reciprocity actions towards American exports.
The International Monetary Fund, IMF, praised Brazil this week for its achievements, exceeding the most optimistic expectations of the multilateral organization. However Brazil has not yet hinted whether it will renew a 30,4 billion US dollars stand-by credit line agreed in September 2002.