
Syrian President Bashar al-Assad on his first-ever tour of Latin America proposed a free trade agreement with Mercosur after meeting Wednesday in Brasilia with his Brazilian counterpart Lula da Silva and giving a conference at the Foreign Ministry seat in Itamaraty Palace.
Damascus will continue to maintain ties with the countries south of the US, regardless of Washington's objections

Cuban president Raul Castro sacked Light Industry minister Jose Hermandez, the latest of an on-going cabinet reshuffle with the purpose of implanting a policy of import-substitution to address the growing economic crisis.

Brazilian presidential candidate Dilma Rousseff promised, if elected, that President Lula da Silva (and mentor) will be her advisor to help with all the reforms the country still needs to address.

The association agreement between the European Union and Mercosur has to go “beyond tariffs and subsidies”, said Brazilian president addressing businessmen from Brazil and a visiting Italian delegation headed by Prime Minister Silvio Berlusconi.

Uruguay will reply next week Argentina’s proposal for the joint monitoring of the River Uruguay, said Uruguayan Foreign Affairs minister Luis Almagro after holding a three hours meeting with his visiting counterpart Hector Timerman.

Timerman’s portfolio to be strengthened by his special ties to Kirchners. Timerman brings rare gifts of strength of character and intellectual preeminence to his new job.

Italian Prime Minister, Silvio Berlusconi, expressed his support for the idea that Brazilian President Lula da Silva should run for president once again in the Brazilian presidential elections of 2014.

China and Taiwan have signed a historic trade pact, seen as the most significant agreement since civil war split the two governments 60 years ago. The Economic Co-operation Framework Agreement (ECFA) removes tariffs on hundreds of products. It could boost bilateral trade that already totals 110 billion US dollars a year.

The US dollar is an unreliable international currency and should be replaced by a more stable system, the United Nations Department of Economic and Social Affairs said in a report released Tuesday.