President Dmitry Medvedev called new arms and energy deals between Russia and Ecuador just a beginning as Moscow strives to deepen ties in Latin America. Medvedev and Ecuadorean President Rafael Correa announced a 22 million US dollars deal for Russia to provide Ecuador with two Mi-17 transport helicopters.
Ecuador is to pay royalties to the holders of international pharmaceutical patents, basing the payments on the sale price of locally produced medicines, the Ecuadorian Institute of Intellectual Property, or IEPI, said this week.
Relations between Argentina and Chile are going through an optimum moment and once we drill through the Andes, “ghosts of the past will definitively have gone”, said Argentine president Cristina Fernandez de Kirchner during the first of her two day visit to Chile.
Brazil's Senate foreign relations committee approved on Thursday in a divided vote Venezuela's request to join Mercosur despite concerns over President Hugo Chavez's authoritarian style of government. The vote comes when President Lula da Silva flies to Caracas to sign huge contracts for Brazilian corporations.
The New York Times dedicated an article to Chilean President Michelle Bachelet whom she describes as among a handful of Latin American leaders, including President Lula da Silva of Brazil, whose handling of the crisis has strengthened their popularity.
Uruguay’s junior opposition Colorado party has recommended its followers to support Conservative presidential candidate Luis Alberto Lacalle for the November 29th run-off with the ruling coalition’s Jose Mujica.
Brazilian Minister of Development Industry and Trade, Miguel Jorge confirmed Thursday that the Brazilian government is requesting non automatic licenses for some imports from Argentina, but denied it was a reprisal because of similar measures imposed by Argentina.
A relative majority of Hondurans consider ousted Manuel Zelaya as their president compared to the head of de facto government Roberto Micheletti, according to the latest public opinion poll from CID-Gallup released this week in Tegucigalpa.
Argentina and Chile will sign Friday an integration and cooperation agreement which is an update of the Peace and Friendship treaty of 1984 which paved the way for a close relation and dependency between the neighbouring countries that only a few years before had been on the verge of war.
Strong lobbying from business interests in Brazil and Venezuela apparently will have tipped the balance and open the way for the Brazilian Congress to include Venezuela in South America’s largest trade block, Mercosur when it takes a vote on Thursday.