Mexico, Chile to sign strategic association accord
Chile and Mexico will sign a strategic association accord in January in an effort to bring the two countries closer politically, culturally and technically, presidents of the two countries said at a joint press conference on Friday.
The visiting Chilean President Ricardo Lagos and his Mexican counterpart, Vicente Fox, said in the eastern city of Veracruz that the agreement would be formally signed during Fox’s visit to Chile next month.
Legislators of the two countries will be able to contribute to the text of the accord with their own initiatives before the document is formalized.
The Chilean president said the agreement is “unique in Latin America” and added that it is strong in matters of politics, jointinvestment,education, and cooperation in science and technology.
For his part, Fox said the deal is centered on care for the citizens, and it is a bridge “between all the actors of both nations.”
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Slim Persuades Mexico's Roberto Madrazo to Sign National Accord
Carlos Slim, Mexico's richest man, persuaded presidential candidate Roberto Madrazo to sign a national accord that ha backing from both union and business leaders.
The 12-page National Accord for Unity, Law, Development, Investment and Employment calls for cutting energy costs, overhauling the legal system and investing more in roads, said a spokesman for the accord. Slim, 65, is asking candidates to endorse the program to spur economic growth in Latin America's second-biggest economy.
Madrazo is running second to Andres Lopez Obrador according to a November Consulta Mitofsky poll. Lopez Obrador, the former
Chilean president calls Mexico’s international voice crucial
Mexico and Chile have been called to play a crucial role in encouraging the union of Latin American nations, through innovative instruments such as the Strategic Partnership Agreement (SPA) said President Vicente Fox Quesada.
Events have proved that both countries have the will to establish links through communication, information, business and trade between the two societies, while seeking the incorporation of Latin American nations, he added.
During the last day of Chilean President Ricardo Lagos’ working visit to Mexico, the Mexican president said that SPA goes beyond a bilateral relationship, since it is a solid,
Mexico, United States Sign New Aviation Agreement
More airlines now can fly between U.S. cities and 14 Mexican destinations
The United States and Mexico have signed a new aviation accord that increases the number of airlines that can fly between U.S. cities and 14 destinations in Mexico.
The U.S. Department of Transportation said in a December 12 statement that the agreement, signed that day in Mexico City, increases from two to three the number of airlines that passengers in each country can select from when flying between the United States and the 14 Mexican cities, which include all of Mexico's major tourist destinations.
The
Korea, Mexico Shake Hands on Strategic Partnership
President Roh Moo-hyun and his Mexican counterpart Vincente Fox on Friday (local time) agreed to form, a strategic partnership between their countries.
The two heads of state also agreed to sign a strategic economic complementation agreement (SECA) as soon as possible to facilitate trade and investment between the two nations. A SECA is less extensive than a free trade agreement and requires tariffs on particular items to be lifted through negotiations. Mexico has an FTA with Japan but is reluctant to form one with Korea because it worries it would increase its trade deficit.
Mexico Confirms Fujimori Passed Through Its Territory
Mexican Foreign Minister Luis Ernesto Derbez has corroborated that ex President of Peru Alberto Fujimori, who said he never left the plane, passed through Mexico on his way to Chile.
He went legally through Mexico although INTERPOL had issued a red alert (warrant) but did not submit an official extradition request.
Derbez said the ex head of state "apparently was present for some 45 minutes during refueling of the plane that flew in from Tokyo."
He said that local authorities were aware of this, but lacked the power to arrest him in the absence of an order
Mexico Telmex, Spains Telefonica squabble in Chile
Mexican telecommunications giant Telmex on Monday accused its Spanish-owned rival, Telefonica Chile (CTCa.SN: Quote, Profile, Research), of erecting legal roadblocks to a wireless concession it won in Chile last year.
Telmex (TMX.N: Quote, Profile, Research) (TELMEXL.MX: Quote, Profile, Research) and Telefonica are battling for control of Latin Americas booming telecommunications market and Telmex won a concession to operate wireless local loop services (WLL) in Chile in December last year.
Telmex, owned by the Mexican magnate Carlos Slim, won a national license to operate the technology while VTR, a unit of Liberty Media (L.N: Quote, Profile, Research),
Australia, Mexico to explore FTA
Australia and Mexico will explore the viability of a free trade agreement between the two countries.
Foreign ministers Alexander Downer met Mexican counterpart Luis Ernesto Derbez in Mexico City, who said both countries would have to study whether such an accord would benefit their bilateral trade.
"In March we will have a meeting here of the bilateral economic committee, where we can talk about ... starting a strategy for considering a free trade agreement," Derbez told a news conference following the meeting.
He said that toward the end of 2006, government officials should have a better idea of the
Mexico Seeks to Boost Trade Ties
The top Mexican envoy in Seoul believes that President Roh Moo-hyun’s visit to Mexico will help the two countries establish a ``strategic partnership.’’
``Mexican President Vicente Fox will tackle many bilateral issues with President Roh during the summit meeting in Mexico,’’ Mexican Ambassador to Seoul Leandro Arellano said in a recent interview with The Korea Times. ``Among others, they are going to discuss how to establish a strategic partnership between the two countries.’’
The ambassador said that Mexico and South Korea have developed relations in a remarkable way and it is time to upgrade the level
Flights from South America and Central America: Lan Chile, AeroMexico, Mexicana and Lacsa from Santiago, Chile (Lacsa via San Jose); Mexicana and Lan Chile from Buenos Aires; Lacsa AeroMexico, Mexicana from Lima, some flights via Panama City; Lloyd Aereo Boliviano from Santa Cruz, Bolivia via Panama City; Mexicana from Caracas; Avianca and Mexicana from Bogota; Varig from Rio and Sao Paulo; AeroMexico also fly from Sao Paulo; Aviateca, KLM, Tara Aerocaribe,arvi Mexicana from Guatemala City; Copo from Guayaquil, Managua, Panama City San Pedro Sula; also Lacsa, Aviateca and Mexicana from Panama; Laaa, United, Aviateca and Mexicana from San
Mexico, Venezuela, Chile: Latin America Local Bond Preview
The following events and economic reports may influence trading in Latin American local-currency bonds today. Bond yields are from the previous session.
Chile {BCPCL }: Chile's jobless rate fell to a nine-month low of 7.6 percent in November, the government reported yesterday, on increased industrial production and seasonal agricultural employment. Industrial production expanded at a faster-than-expected 6.2 percent.
The yield on Chile's 8 percent bond maturing in June 2014 fell 4 basis points to 6.35 percent, according to JPMorgan Chase Chile. {CL0000000605 DES }
Mexico {MBONO }: Mexico's government releases
