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February 3, 2014

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UK tore build trade links with Mexico and Colombia 
Delegation to visit bothcountries includes HSBC, Rolls-Royce, De La Rue and Shell

British Deputy Prime Minister Nick Clegg will lead a delegation of more than 40 business leaders, architects, designers and academic which seek store build trade ties with Mexico and Colombia. “Mexico and Colombia are two economies where British presence has been toos mall, too reticent and too modest for far too long," Clegg said, The Telegraph reports

Argentina's YPF and Ecuador's Petro amazonas eye partnership
Goal is to develop hydrocarbon sector in both nations

Argentina and Ecuador's state oil firms, YPF and Petro amazonas respectively, agreed to join forces todevelop the hydrocarbon industry in both countries. "The goal is to Foster the region's productive integration through partnerships among oil companies, said Argentine Industry Minister Debora Giorgi, Fox News Latino reports.

Peru and Bolivia mull mega port
Aim is to cut export time and distance to Asia

Bolivian President Evo Morales (left) said he is keen to approach his Peruvian counter part Ollanta Humalato co-build a mega port on Peru's southern province of Ilo. The aim is to cut export times and distances to western countries. Morales cited the case of Brazil, whose only option to export 500 million tons of soy beans to China by going around Cape Horn, Andina reports. 

Colombia's Argos gains after cancelling Isagen purchase
Other potentialIs agen buyers include Duke Energy and GDF Suez

Colombian cement and energy conglomerate Grupo Argos's shares surged 6.9 percent to $9.02, the highest since 2011, after it cancelled its plans to buy a majority stake in the country's state-energy firm Isagen. “With market volatility right now, the sensible decisión and the most responsable one to share holders is to not take part in the auction,” said Argos CEO José Alberto Vélez, Bloomberg reports.

Top Costa Rican presidential candidates go to run off elections
Second round vote to be held in April

With 69 percent of the votes counted, none of Costa Rica's top two presidential contenders, former San José mayor Johnny Araya and opposition leader Luis Guillermo Solís, garnered a majority of votes. Both candidates will be competing again in a run off elections cheduled for April, Bloomberg reports.

MOREOVER

Venezuelans turn to Miami courts in currency exchange disputes Miami Herald

Mexico sur passing Japan as second car exporterto U.S. JapanNews

U.S. foreign policy in Latin America leaves open door for China Guardian

Peruvian Pisco exports to grow 5 percent this year Andina

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