Tag: Latam

• Monday, December 12th 2011 - 04:45 UTC

  Chinese President Hu Jintao special envoy meets with new Argentina authorities

  

  Argentina's new Vice President and Speaker of the Senate Amado Boudou met on Friday with Chinese President Hu Jintao's special envoy Jiang Shusheng to further promote bilateral relations.

• Wednesday, December 7th 2011 - 22:14 UTC

  China will target trade with Latam in 2012 to compensate drop with EU and US

  

  China will attempt to counterbalance the drop in exports to the European Union and the United States concentrating in emerging markets such as Latin America and Asia, said on Wednesday Wang Shouwen, head of International Trade from the Beijing Ministry of Trade.

• Wednesday, December 7th 2011 - 17:51 UTC

  EU cuts Argentina, Brazil, Chile and Uruguay from development aid

  

  The European Commission decided to cut aid from its 2014-2020 budget to 19 emerging economies including Brazil, Argentina, Uruguay and seven other Latin American countries, the EU development commissioner Andris Piebalgs said on Wednesday.

• Tuesday, December 6th 2011 - 18:51 UTC

  Forum to promote trade and investment relations Latam-India

  

  The potential of India for Latinamerican exports and investment opportunities was underscored during the presentation of a report “India and Latin America and the Caribbean, opportunities and challenges in trade and investment relations” sponsored by the UN Economic Commission for Latin America and the Caribbean, ECLAC.

• Tuesday, December 6th 2011 - 18:49 UTC

  Boom of the wind power energy in north-east Brazil: 11.2 MW by 2014

  

  Brazil is going through a wind power boom as production prices fall and government incentives attract a growing number of foreign suppliers. The wind power sector has a current capacity of around 1,400 megawatts, and is expected to grow nearly eight-fold by 2014, according to the Brazilian Association of Wind Energy ABEEolica.

• Tuesday, December 6th 2011 - 04:22 UTC

  Latam forecasted to expand 4.4% this year and 3.5% in 2012

  

  The Executive Secretary from the UN Economic Commission for Latinamerica and the Caribbean, ECLAC, Alicia Barcena said that the European crisis is beginning to be felt but nevertheless growth in the region will continue this year and in the coming twelve months at levels above 3.5%.

• Monday, December 5th 2011 - 06:51 UTC

  Top Republican claims Obama is losing the Brazil battle to China

  

  The US top Republican on the Senate Foreign Relations Committee said President Barack Obama is missing opportunities to strike closer ties with Brazil, allowing China to steal market share from US companies in Latin America’s biggest economy.

• Monday, December 5th 2011 - 06:48 UTC

  Mujica calls CELAC “a second independence” but warns beware of dogmatism

  

  Uruguayan president Jose Mujica described the newly formed CELAC as a strong step towards the Americas ‘second independence’ and its integration process.

• Monday, December 5th 2011 - 06:36 UTC

  Baush & Lomb takes control of Waicon, Argentina’s top seller of contact lenses

  

  US corporation Bausch & Lomb Inc. has acquired all shares of Laboratorio Pfortner Cornealent SACIF in Argentina, the Rochester based company’s officials announced although details of the sale were not disclosed.

• Monday, December 5th 2011 - 06:00 UTC

  China becomes the first to congratulate Latinamerica countries on CELAC

  

  Chinese president Hu Jintao was the first to congratulate the newly formed CELAC and expressed Beijing’s wishes to strengthen trade relations, cooperation and political understanding with the region.