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.
Paraguay will hold the following rotating chair of Mercosur, (if the group's summit to be hosted by Venezuela and which has been delayed on several occasions really takes place). The announcement was made by Brazilian president Dilma Rousseff during her visit on Monday to Brussels for the Brazil/EU summit, who underlined that Brazil supports dialogue as the way out to the current situation in Venezuela.
The President of Cuba Raúl Castro warned against the foreign interference suffered by Latin America and the Caribbean region at the Tuesday opening of the Community of Latin American and Caribbean States (CELAC) summit in Havana, which brought together representatives from the 33-nation group.
Mercosur president’s summit was suspended on Thursday for the third time, due to agenda incompatibilities, Paraguay’s Foreign Minister Eladio Loizaga confirmed in Asunción. Earlier in the day, Loizaga met with Brazilian Foreign minister Luiz Alberto Figuereido. The meeting was going to take place in Caracas, on January 31.