Brazil has decided to suspend its participation in the Community of Latin American and Caribbean States, a leftist regional body established by Venezuela, due to its failure to protect democracy, Brazil's foreign minister said on Thursday.
Former Brazil's President Luiz Inacio Lula Da Silva, better or simply known as Lula, said Donald Trump doesn't care about Latin America in the least and added that Bush and Condoleezza Rice pursued a much more democratic policy towards Brazil than Barack Obama and Hillary Clinton.” In his view, Obama could give magnificent speeches, but never actually delivered.
Chile’s foreign minister welcomed Chinese representatives to a meeting with Latin American and Caribbean countries and praised Beijing for rejecting protectionism as the United States backs away from global trade.
Leaders from the Community of Latin American and Caribbean States, CELAC, expressed full support for Argentina's legitimate rights over the South Atlantic islands (Falklands, South Georgia and South Sandwich) and anticipated they will be requesting the UN Secretary General to renew his good offices for the resumption of negotiations between Argentina and UK to reach a peaceful solution to the dispute.
The Argentine ambassador in the UK, Alicia Castro, was one of the main speakers invited to an event yesterday which included the discussions “another world is possible” and “against foreign intervention in Latin America”. Dozens of activists from across the UK expressed their support for a range of Latin American causes.
Chinese President Xi Jinping proposed Thursday to create a 20 billion dollars fund to finance infrastructure projects in Latin America and the Caribbean.
Chinese President Xi Jinping arrived on Monday to Fortaleza, Brazil for a summit of the BRICS countries. The sixth summit of the BRICS, which consists of Brazil, Russia, India, China and South Africa, will be held in Brazil from Tuesday to Wednesday.
The Union of Southern Nations (UNASUR) expressed its solidarity with Argentina after US Supreme Court decision to dismiss the country’s appeal in its legal dispute with holdout hedge funds, rejecting “the behavior of speculative agents that endanger the agreements reached between debtors and creditors”.
Mercosur and Celac country-members expressed support for Argentina and its ongoing litigation with the holdout hedge funds, particularly last week's decision from the US Supreme Court, (which refused to consider the case), and the financial consequences emerging from such a position.
The relationship between China and Brazil has extensive significance due to their position as two primary emerging market countries and economies, visiting Chinese Foreign Minister Wang Yi said here in Brasilia.