The United States of South America?

Article Abstract:

The proposals to establish a political and economic union "United States of South America," as envisioned by the Latin Americans, from the plans of Southern Cone Common Market (Mercosur) in order to rival the Economic Union (EU) is examined. Argentina and Venezuela have taken initial steps when they signed a letter of intent in creating Petrosur as an energy company that will bring together all Latin American state-run oil companies. The feasibility of the proposed bloc that it may be more beneficial to the US-sponsored Free Trade Area of the Americas (FTAA) is discussed.

Latin America, International cooperation

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Latin America casts its gaze to the east

Article Abstract:

Brazilian President Luiz Inacio Lula da Silva and Argentine President Nestor Kirchner visited China in 2004 seeking foreign investment in their respective countries. Chinese President Hu Jintao confirmed such plans of investment in the Latin American countries during his reciprocal visit. The region is expected to record a growth of 3.7% in both 2005 and 2006.

China, International economic relations, Argentina, Brazil, Foreign investments, Cover Story, Economic indicators, 2005 AD

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