Latin American and Caribbean seek to create shield against the global crisis
Countries in the region began discussions on Tuesday, part of a series of summits to create a shield against the global crisis.
Tuesday, December 16, 2008
The discussions at the beach resort of Costa do Sauipe, in the north of Brazil, began when host president, Luiz Lula da Silva, inaugurated the bi-annual summit of Mercosur, which was plagued by setbacks.
For the first time in history the leaders of Latin American and Caribbean countries will meet on their own to discuss integration.
Brazilian President Luiz Inácio Lula da Silva is flying in tomorrow to El Salvador to explore the possibilities of a trading alliance between Central America and the South American alliance, Mercosur.
Deputy economy ministers of Central America and the Dominican Republic met in San Salvador to evaluate the region's trade agreements with other countries.
Guatemala's Foreign Minister Haroldo Rodas said that, at the Central American summit on May 29 in El Salvador, he intends to press for a commercial agreement with the South American common market, Mercosur.
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