Venezuela enters Mercosur trade bloc
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Venezuela formally entered Mercosur Friday, increasing the South American trade bloc's economic might and vowing to transform the once-sleepy policy organization into a force for profound social change.
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The United States and Colombia signed an agreement Tuesday meant to knock down trade barriers for U.S. businesses and bolster a South American ally that has been battling drug traffickers and guerrillas.
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Ukraine has joined the World Trade Organisation, a move that should boost the country's economy.
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Officials of the European Union and the South America's Mercosur trade bloc will meet in Lisbon on Oct. 20 in a last-ditch effort to save stalled talks on a free-trade agreement ahead of a deadline at the end of the month, Brazil's foreign minister said Saturday.
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Venezuelan President Hugo Chavez presided Friday at a regional petroleum summit in Cuba, pressing his efforts to counter U.S. influence in Latin America and the Caribbean by suggesting more of his neighbors could pay for cheap oil with goods or services in lieu of cash.
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South American leaders are set to create an economic and political bloc modelled on the European Union.
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Venezuela's President Hugo Chavez names former state oil company boss Ali Rodriguez as his new foreign minister.
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The European Union and Mercosur were wide apart on Wednesday in negotiations to form the world's biggest free trade area despite a new EU offer to settle their differences, diplomats said.
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Venezuelan President Hugo  Chavez met on Friday with a dozen leaders of Caribbean and  Central American nations he is supplying with cheap oil that  has bolstered his regional influence.
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BRASILIA, Brazil  - The world's largest free trade  area was meant to open across 34 nations of the Americas on  Jan. 1, 2005. The only visible sign of it in Latin America in  the final days of 2004 is anti-U.S. graffiti sprayed on city  walls.
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CARACAS -- President Hugo Ch&#xE1;vez ordered by decree yesterday the takeover of oil projects operated by foreign oil companies in Venezuela's Orinoco River region. Ch&#xE1;vez previously announced the government's intention to take a majority stake by May 1 in the four heavy oil-upgrading projects run by British Petroleum PLC, Exxon Mobil Corp. , Chevron Corp., ConocoPhillips Co., Total SA, and ...
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BARQUISIMETO, Venezuela -- When President Hugo ChÃÂ¡vez brought the Copa America to Venezuela for the first time, his government sought to showcase the oldest international soccer tournament as a smoothly organized success.
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Twelve South American nations signed an agreement during a Peruvian summit to form a diplomatic and economic bloc, El Comerico reported Thursday.
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China and Venezuela sign a deal which will open the South American country's vast oil resources to Chinese investment.
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BRASILIA, Brazil  - The failure of Brazil-led  Mercosur and the European Union to reach a free trade deal this  month is another lost opportunity for South American nations  eager to build stable growth, analysts said.
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The South American trade bloc Mercosur and the European Union said after a ministerial meeting Sunday they hope to conclude stalled talks about free-trade agreement on time.
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Venezuelan President Hugo Chavez offers neighbouring states the option to pay for oil with local produce.