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September 18, 2013

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AT&T plans to grow in region with América Móvil deal
Firm eyes business in 15 countries, including Colombia, Argentina and Chile

 

U.S. telecoms company AT&T is set to expand in Latin America through a deal with Mexican billionaire Carlos Slim's América Móvil. With the collaboration, the company plans to expand its presence to Costa Rica, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay,Peru and Uruguay, Reuters reports.

 

Brazilian President calls off state visit to the United States
Likely topics of discussion included a multi-billion dollar contract to sell Boeing aircraft 

 

Brazilian President Dilma Roussseff confirmed the cancellation of her state visit to the U.S. out of anger over spying by the National Security Agency on her communications. A statement released by the White House said that Rousseff and U.S. President Barack Obama agreed to carry out the meeting when relations were less tense, the Los Angeles Times reports

 

Maduro to make first visit to China
Meeting set to focus on bilateral trade

 

Venezuelan leader Nicolás Maduro (left) announced he will visit China from September 21 to 24 to strengthen strategic relations with his Chines counterpart Xi Jinping. He added they will both work on what he called "new geopolitics". China is Venezuela's second largest global trading partner, with bilateral trade reaching some $20 billion last year, GlobalPost reports.

 

Chile and Paraguay to boost trade and economic collaboration
Both nations said they will create a committee to improve energy integration and flow of goods

 

Paraguay's President, Horacio Cartes, met with Chilean congressional leaders aiming to strengthen bilateral cooperation. Cartes also met with his Chilean counterpart Sebastián Piñera to sign several accords on trade, integration and economic collaboration. "We know we are going to achieve great benefits for Chile and Paraguay," said Cartes, East Day reports.

 

Peru expects Brazilian investments of up to $34 billion
Dilma Rousseff to visit Andean nation to celebrate 10 years of strategic partnership

 

A visit by Brazilian President Dilma Rousefff to Peru, scheduled for November this year, is expected to unveil investment projects worth some $34 billion. Miguel Vega Alvear, president of the Binational Chamber of Commerce and Integration Peru-Brazil, said the investments are for key infrastructure projects, such as a petrochemical pole and energy plan, Andina reports.

 

 

MOREOVER

  • Paraguay expects to return to Mercosur in 2014 Bernama
  • Peru growth seen slowing to 5.6 percent this year Reuters
  • Audi to resume Brazil car output Automotive News
  • Venezuela's PDVSA and Sinopec to invest $14 billion in oil field El Universal
  • Brazil set to grow its electric vehicle market EV World

 

 

 

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