Cruise vessel operating costs in South America are becoming unbearable according to company representatives speaking at the South America Seatrade Conference.
Peru is interested in regional integration, security, education, combating narcotics but full membership of Mercosur is “distant” said president elect Ollanta Humala during a one day visit to Uruguay, before leaving late Monday for Argentina.
A top European Commission official is on a round of visits to South American countries to strengthen economic, industrial and tourism ties with the region because Latin America has emerged as “a strategic and dynamic economic player”.
General Motors expects to sell 1.5 million vehicles a year in South America by 2015, up from 1.03 million last year, according to the head of the largest U.S. automaker's operations in the region.
Argentine President Cristina Fernandez de Kirchner praised the success of Unasur and forecasted that the South America Defence Council will be far more effective and robust than the previous experience with the TIAR, which “collapsed in 1982 during the Malvinas war”.
South America and South Asia saw the greatest jump, 15%, in international tourist arrivals during the first months of 2011 in an overall positive global scenario according to the April interim update of the UN World Tourism Organization, World Tourism Barometer.
Unasur new Secretary General, former Colombian Foreign Affairs minister Maria Emma Mejía is convinced that South America will be a united continent and in peace, in ten years time.
Colombia’s former Foreign Minister, María Emma Mejía, was appointed Monday as the new Secretary General to the Union of South American Nations (UNASUR) in a ceremony in Georgetown hosted by Guyanese President Bharrat Jagdeo.
The Argentine ‘development model’ had had its successes but it belongs to the average group of most South American countries that benefited by the explosive advance of commodity prices and since 2007 has fallen to the bottom half of performers in the region according to former Economy minister Martin Lousteau.
Toyota executives in Brazil and Argentina announced they are cutting production at two assembly plants for three days because they don’t have enough parts from Japan due to the recent earthquake and tsunami.