CARACAS, Wednesday October 22, 2008 | Update
Economy
The Finance and Foreign Affairs Ministers and the Central
Bank Presidents of the Common Market of the South (Mercosur)
will hold a special meeting next Monday in Brasilia to discuss
the actions that will be taken by member countries to cope
with the current international financial crisis, said on Wednesday
Brazilian Foreign Minister, Celso Amorim.
According to Amorim, the meeting is intended to "define mechanisms
to provide answers, if not joint at least transparent, to
the economic crisis in order to avoid any surprise."
Mercosur representatives will also discuss the policies to
be adopted by member countries.
The meeting of the trade bloc will take place in the Itamaraty
Palace (headquarters of the Brazilian Foreign Ministry) and
will be attended by ministers of the four Mercosur countries
and Venezuela, as well as representatives of Bolivia, Chile,
Colombia, Ecuador and Peru, which represent all the countries
of South America.
05:09 PM. Economy. If any country has cashed in on the Bolivarian revolution, that is Brazil, particularly the private companies of the southern neighbor. Over the past five years, it has been awarded contracts for works to be carried out in Venezuela for over USD 14 billion. This puts it as the first recipient of government-to-government contracts, that is, without bidding, since Hugo Chávez took office.