The United Kingdom will formally apply to join one of the world’s largest free-trade areas, deepening trade ties with some of the fastest-growing markets in the world. International Trade Secretary Liz Truss will speak to ministers in Japan and New Zealand to request to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), with formal negotiations set to start this year.
Argentina and Chile are “indissolubly twinned countries”, said Argentine president Alberto Fernandez during the ceremony at the Palacio de la Moneda in Santiago where, next to his peer Sebastián Piñera, and members of their cabinets, they signed several accords and a joint declaration.
The Chilean Electoral Service registered 2,223 hopeful candidates for selection to the commission that will rewrite Chile's dictatorship-era constitution. The 14 million Chilean eligible are scheduled to elect on April 11 the 155 members of the Constituent Assembly that will rewrite the constitution, which dates from the rule of military dictator Augusto Pinochet (1973-90).
The economy of Peru, the world’s second largest copper producer, is expected to grow an annual average of 5.1% between 2021 and 2026, the economy ministry said on Tuesday
The 15th Presidential Summit of the Pacific Alliance, a bloc made up of Chile, Colombia, Mexico and Peru, will be held on December 11th in Santiago de Chile, albeit via videoconference due to Covid-19.
Latin American corporate credit indicators point to an improving economic and operating environment for most countries across the region in 2021, according to a series of new reports from Fitch Ratings.
The Peruvian government enacted a law that allows citizens a second withdrawal of funds from the private pension system in order to ease the economic blow from the coronavirus pandemic, according to the official newspaper El Peruano.
Peru’s interim president appointed veteran economist Waldo Mendoza as his finance minister in a bid to shore up investor confidence shaken by political turmoil. Interim President Francisco Sagasti swore in most of his 19-member ministerial team on Wednesday after becoming the country’s third leader in little more than a week.
The continuing coronavirus pandemic poses the most significant risk to Chile’s financial system as institutions’ capacity to take mitigating action diminishes, the country’s Central Bank warned in a report on Wednesday.
Chile’s world-leading copper industry will see investment lag for at least two years as the country rewrites a constitution that underpinned nearly three decades of mining growth in the South American nation.