Get our news on your inbox! x

Remember me Forgot password

MercoPress, en Español

Montevideo, October 16th 2021 - 13:06 UTC

Pacific Alliance

  • Tuesday, July 9th 2019 - 09:43 UTC

    Pacific Alliance plans a new bond to cover hydro-meteorological events

    The bond would be similar to a US$ 1.36 billion earthquake bond that the four countries sold last year, said the Peruvian minister, Carlos Oliva.

    Mexico, Colombia, Chile and Peru plan to work with the World Bank to launch a new bond to cover losses in the event of extreme weather, Peru's finance minister said.

  • Friday, September 14th 2018 - 09:20 UTC

    South Korea interested in becoming associate member of the Pacific Alliance

    South Korean foreign minister Kang Kyung-wha and his Chilean counterpart Roberto Ampuero hold talks in Hanoi

    South Korea and Chile agreed on Wednesday to bolster substantive bilateral partnerships in various sectors on the basis of their free trade agreement (FTA). Korean foreign minister Kang Kyung-wha and his Chilean counterpart Roberto Ampuero held talks on the sidelines of a regional meeting of the World Economic Forum (WEF) in Hanoi, according to Kang's ministry.

  • Monday, June 18th 2018 - 11:14 UTC

    Uruguay chair of Mercosur, targets accord with China, exhausted of negotiations with the EU

    Nin Novoa fears negotiations with EU could temporarily “breakdown”, although he anticipated he was committed to avoid such a situation.

    Uruguay will be handed the rotating chair of Mercosur this Monday in a brief summit ceremony to take place in Paraguay. Attending will be Brazil's Michel Temer, Uruguay's Tabare Vázquez, the host Paraguay Horacio Cartes and in representation of Argentina, vice president Gabriela Michetti. President Mauricio Macri is in the midst of a cabinet reshuffle and waiting for market reaction this Monday following the naming of a new Central Bank chairman.

  • Thursday, May 24th 2018 - 06:31 UTC

    Boris Johnson interested in a trade agreement with Chile and the Pacific Alliance

    The Foreign Secretary held meetings with Chilean president Sebastián Piñera and his counterpart Roberto Ampuero

    Foreign Secretary Boris Johnson concluded a five-day charm offensive in South America on Wednesday by expressing interest in a trade agreement with Chile and other countries in the so-called Pacific Alliance. Johnson extended a trip to a G20 foreign ministers’ meeting in Buenos Aires to include a tour of Peru, Argentina and Chile, seeking closer ties with all three countries.

  • Wednesday, March 21st 2018 - 20:27 UTC

    Peruvian president offers resignation to Congress ahead of an impeachment vote

    Kuczynski's resignation follows the shock revelation of several of the president's allies caught allegedly trying to buy a lawmaker to block the impeachment.

    Embattled President Pedro Pablo Kuczynski has offered his resignation to Peru's congress ahead of a scheduled vote on whether to impeach the former Wall Street investor on corruption charges, according to a presidential aide. If congress accepts the resignation, power would transfer to Vice President Martin Vizcarra, who is serving as Peru's ambassador to Canada.

  • Friday, March 9th 2018 - 09:34 UTC

    Eleven Asia-Pacific countries signed a Trans-Pacific Partnership in Chile

    In the absence of the US, it has been renamed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).

    Eleven Asia-Pacific countries have just signed the trade pact formerly known as the Trans-Pacific Partnership. Although the US pulled out last year, the deal was salvaged by the remaining members, who signed it at a ceremony in the Chilean city of Santiago.

  • Monday, December 25th 2017 - 18:14 UTC

    Ex president Fujimori granted a medical pardon; he was serving 25-year sentence

    Alberto Fujimori (1990 to 2000), is a polarizing figure in Peru. Some laud him for defeating the guerrilla movement, others loathe him for human rights violations

    The Peruvian president announced on Sunday night that he granted a medical pardon to jailed former strongman Alberto Fujimori, who was serving a 25-year sentence for human rights abuses, corruption and the sanctioning of death squads. President Pedro Pablo Kuczynski released a statement on Christmas Eve saying he decided to free Fujimori for “humanitarian reasons,” citing doctors who had determined the ex-leader suffers from incurable and degenerative problems.

  • Sunday, December 24th 2017 - 17:18 UTC

    Pope coming visit to Chile and Peru; no reference to the sea outlet conflict with Bolivia

    In Chile, the pope will meet residents of Mapuche indigenous community in the Araucania region, in conflict with the government over their ancestral lands.

    During his visit to Chile and Peru, Pope Francis will honor the country’s religious roots and underline the plight of indigenous men and women. The Vatican said the pope will be in Chile Jan. 15-18, visiting the cities of Santiago, Temuco and Iquique. He then will fly to Peru and, from Jan. 18-21, he will visit Lima, Puerto Maldonado and Trujillo.

  • Saturday, December 16th 2017 - 16:53 UTC

    Fallout from Odebrecht: Peruvian congress initiates proceedings to impeach president Kuczynski

    “I’m not running and I’m not hiding because I have no reason to,” Kuczynski said, vowing to produce his personal bank records for public scrutiny.

    Lawmakers in Peru initiated proceedings to impeach President Pedro Pablo Kuczynski, who refuses to resign after being accused of failing to disclose decade-old payments from a Brazilian company embroiled in Latin America’s biggest corruption scandal. In a brief session, 27 of 130 members of congress put forward a request to consider removing the former Wall Street banker for “permanent moral incapacity”. Lawmakers could summon Kuczynski to defend himself before congress as early as next week.

  • Thursday, October 12th 2017 - 11:30 UTC

    Peru and Colombia players deny any agreement during Tuesday night's qualifier

    With the score at 1-1, Colombia were set to qualify automatically for the finals in Russia while Peru were heading for a play-off against New Zealand.

    Peru's Renato Tapia admitted discussing World Cup qualification with Colombia captain Radamel Falcao during their match on Tuesday night but denied making a pact. Falcao, who plays his club football for French Ligue 1 side Monaco, was seen in discussion with Peruvian players with his hand covering his mouth towards the end of the 1-1 draw in Lima.