
Argentina and Brazil agreed Thursday to abide by the 60-day retention period applied to products affected by non automatic tariff trade barriers and accelerate trade in the agricultural sector with the purpose of overcoming the conflict that erupted mid May and had virtually frozen bilateral operations.

Brazilian President Dilma Rousseff launched an ambitious plan to eliminate dire poverty in Brazil within four years by lifting more than 16 million people from conditions of misery.

China’s Vice-president Xi Jinping and tipped as a leading candidate to succeed President Hu Jintao will be visiting Uruguay June 7 to 9 as part of a tour that includes Italy, Cuba and Chile.

Argentine president Cristina Fernandez de Kirchner invited Italian business-people to invest in Argentina underlining the close links between the two countries and the fact her visit was the re-launching of normal relations after a decade.

Uruguay’s trade balance registered a deficit of 790 million US dollars in the first quarter of the year, according to the latest data from the central bank. Exports totalled 1.681 billion USD, up 30.5% over the previous year while imports totalled 2.470 billion USD, up 49.5%.

Argentina's Senate on Wednesday passed a bill called for by President Cristina Fernandez, CFK, to toughen financial controls and meet global standards on fighting money-laundering.

Barclays Capital expects the administration of President Cristina Fernandez might issue bonds on international credit markets towards the end of this year in a bid to prop up Argentina's fast-growing economy.

The Organization of American States voted Wednesday to readmit Honduras into the regional body. Ecuador was the only country to vote against the measure, which was approved 31-1.

Chile’s national television station TVN ran an investigative program on Monday night unveiling new evidence that former President Salvador Allende’s death may not have been a suicide, as previously believed

Brazil’s Lower House passed on Tuesday the charter-treaty marking the foundation of the Union of South American Nations, Unasur, and the half approved bill now goes to consideration of the Senate.