Old wounds were reopened between Chile and Argentina this week: a long-time border dispute in the nations’ southern Patagonia regions.
Chilean President Sebastian Piñera and Peruvian President Alan Garcia Perez met Sunday in the lead up to the European Union, Latin American, and Caribbean Summit in Madrid. The meeting represented a big step forward in improving the current rocky relations between Chile and Peru.
Within the framework of the European Union/Latam leaders’ summit held in Madrid, the EU and Chile agreed to improve and strengthen relations, with a special focus on energy and trade, five years after the launch of the Association Agreement.
Chile’s president Sebastian Piñera has a busy schedule planned for the upcoming Latin America, the Caribbean and the European Union Summit scheduled for Madrid early next week. Piñera will use the opportunity to explain exactly what he wants to do with his four years of presidency.
Chilean Foreign Affairs Minister Alfredo Moreno Charme said he does not see an “arms race” in the continent and suggested following the Argentine–Chilean experience of “homologating military expenditure”.
Several UNASUR member countries plan to skip the upcoming Latin America, the Caribbean and the European Union Summit (EU-LAC) in Madrid if Honduran President Porfirio Lobo is invited, Ecuadorian President Rafael Correa said in Buenos Aires.
The Shanghai Expo in China officially opened its doors to the public on Saturday and Chile is one of more than 200 countries and companies showing their wares during the six-month event.
Latest forecasts from the International Monetary Fund (IMF) predict Chile and Peru will lead Latin America’s growth in 2011 with an expansion of 6% each. The IMF released its World Economic Outlook Report on Wednesday, upping Chile’s projected growth from 4 to 4.7%.
Chilean billionaire-businessman-turned-president Sebastian Piñera is in the process of selling Chilevisión, the third most watched television network in the country.