Tuesday 01 July 2008, San José, Costa Rica

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Nicaragua's Ortega and Colombia Quarrel Over Biofuels
Price of Salvadoran Food Basket Up
Argentina Urges Greater Interdependence in Mercosur
Peru Recalls Ambassador From Bolivia Over Morales' Remarks
Former Spy Chief Refuses To Give Further Testimony Against Peru's Fujimori

Argentina Urges Greater Interdependence in Mercosur
ncreased interdependence among the countries of the Common Market of the South (Mercosur) will strengthen economies and democracies in the region, Argentine Foreign Minister Jorge Taiana said Monday.

"Since its creation, Mercosur has brought an element of stability to the region," Taiana said ahead of the bloc's summit in the city of San Miguel de Tucuman, some 1300 kms northeast of Buenos Aires.

Strengthening democracy will allow members "to modernize their economies and to achieve the welfare of their citizens," the minister said.

"The aim that guided the actions of the bloc (during Argentina's presidency of Mercosur), was to be in service of our societies," said Taiana.

The six-month rotating presidency of Mercosur now passes to Brazil.

Argentina, Brazil, Paraguay and Uruguay are full members of the Mercosur, while Venezuela is currently completing the process of becoming a full member. Bolivia, Chile, Colombia, Ecuador and Peruare associate members of the group.

"The integration process must continue to move forward with concrete results that prop up political decisions," urged Taiana.

"We are not aspiring to only raise trade flows, but we have the strong will to increase our interdependence."

Taiana said the upcoming summit would approve a four-year framework for innovation in science, technology and production programs, which will readjust the Mercosur agenda toward more ambitious regional compromises and constitute a platform for the incorporation of value and technology in regional production.

"The program aims to secure productive chains among industrial partners, to improve the global competitiveness of companies in the Mercosur countries, to create new business and investment opportunities and to add value to their exports."

One of the focuses of the production integration initiative will be the setting up of a common fund to support small and medium-sized companies, he added.
 
 

 

 

 
 

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