Even when prospects for a long term agreement (three years) between Argentina and the International Monetary Fund, IMF, with blessings from the United States government, are encouraging the country still must comply with an agenda of absolutely imperative structural reforms.
The head of the International Monetary Fund will visit Argentina to get acquainted with its new president later this month as a prelude to negotiations over new loans.
IMF Managing Director Horst Koehler will be in Buenos Aires on June 23-24 for meetings with newly installed Argentine President Nestor Kirchner.
Argentine and Brazilian presidents Nestor Kirchner and Luiz Inacio Lula da Silva announced this Wednesday in Brasilia the creation of a Mercosur Parliament and the expansion of regional integration to include the Andean countries, particularly Peru.
Unites States Secretary of State Colin Powell in a brief visit to Buenos Aires (two and a half hours) met Tuesday morning with Argentine President Néstor Kirchner and described the event as an encounter of friends.
The European Commission delegate in Montevideo highlighted that a successful market access means satisfying European consumers and not insisting with the same fixed supply of goods of the last half century.
Chilean President Ricardo Lagos and U.S.Secretary of State Colin Powell met in Santiago on Monday and managed to look past their differences over the war in Iraq.
Secretary of State Colin Powell is on a goodwill mission to Argentina, ready to offer friendship to newly installed President Nestor Kirchner and hoping to put U.S.-Argentine relations on a sounder footing.
Headlines:
Consequences of the US-Chile free trade agreement; VAT increase to compensate tariff losses;
Euro interests cut to 2%; Highest US unemployment in nine years.
Headlines
Antarctic Treaty meeting in Madrid; Chávez popularity receding; Argentina poised to grow 5%; Aerolíneas Argentinas to sell 35% equity;
U.S. Secretary of State Colin Powell arrived in Santiago de Chile Sunday evening to attend the annual OAS meeting this week.