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Latin America

China confirms its position as the main trade partner of Brazil | SOURCE: Mercopress

China’s participation in Brazil’s overall trade (exports plus imports) is close to 65%, making her the main partner of the South American giant. However, SECEX, Brazil’s foreign trade secretariat, points out the ongoing concern that the share of manufactured goods sent to China is minimum and exports rely heavily on concentrated basic commodities with virtually no added value such as grains, oilseeds, iron ore and different meats.

SOURCE: Mercopress


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China Is Desperate To Secure Latin American Oil And Coal | SOURCE: Oil Price

State-controlled Chinese energy companies and miners are boosting their regional presence investing heavily in a wide range of operations, notably in Colombia, Ecuador, and Venezuela. Fiscally weak governments, resource-rich terrain, and a deep economic malaise exacerbated by the COVID-19 pandemic have created the ideal opportunity for Beijing to build greater regional influence. Moreover, former President Trump’s decision to ignore Latin America coupled with Washington’s crumbling regional hegemony is amplifying China’s ability to expand its regional footprint and influence.

SOURCE: Oil Price


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China’s Foreign Ministry Spokesperson Rejects US Abuse of Power in Destabilizing Venezuela | SOURCE: Albawaba

Beijing’s Foreign Ministry spokesperson Zhao Lijian accused the US government of bullying and abusing its political and judicial systems to destabilise the Venezuelan power structure. Venezuela remains China’s fourth largest oil importer and is also a public supporter of China’s Belt and Road Initiative. During the COVID-19 pandemic China sent Venezuela much needed assistance.

SOURCE: Albawaba


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Iran’s new president vows to enhance ties with Latin America | SOURCE: Middle East Monitor

Ebrahim Raisi, Iran’s president, at a news conference in Tehran, Iran on 21 June 2021.

Iran’s new President Ebrahim Raisi has vowed to boost political and economic relations with Latin American states, as a top priority for his country’s foreign policy. “Undoubtedly, activating the level of cooperation between Iran and Latin American countries can make the Americans and other arrogant people passive,” he stressed.

SOURCE: Middle East Monitor


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China Reiterates Support for Argentinian Claim Over Disputed U.K.-Controlled Islands | SOURCE: Caixin

China continues to support Argentina’s sovereignty claim over the Malvinas Islands, also known as the Falklands, said Geng Shuang, at a session of the U.N. Special Committee on Decolonization.

SOURCE: Caixin


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Honduras to open embassy in Jerusalem this month | SOURCE: Times of Israel

Prime Minister Benjamin Netanyahu, left, meets with Honduran President Juan Orlando Hernandez in Jerusalem on October 29, 2015.

Honduras will open an embassy in Jerusalem this month, the country’s president said. Move comes after Central American nation followed Trump in recognizing city as capital. US recognized Jerusalem as Israel’s capital in late 2017, sparking a deterioration in relations with the Palestinians, who views East Jerusalem as the capital of their future state.

SOURCE: Times of Israel


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Biden Just Killed Funding for a Controversial Dam Trump Tried to Build in Honduras | SOURCE: VICE World News

The U.S. government withdrew financial support from a proposed dam in Honduras that is at the center of a simmering conflict between local residents and developers. The decision marked a victory for the activist groups in Honduras.

SOURCE: VICE World News


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Ecuador indigenous protestors block access to Petroecuador oil field | SOURCE: REUTERS

A view shows the Ecuador’s state-run Esmeraldas refinery complex in Esmeraldas, Ecuador

An indigenous community in Ecuador’s Amazon region is blocking access to one of state oil company Petroecuador’s main fields.

SOURCE: REUTERS


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Geopolitical conflicts

Latin America

LATIN AMERICA:

US Secretary of State Pompeo realized a trip to four Latin American Countries –Suriname, Guyana, Brazil and Colombia– which is interpreted of being another move to contain China, after his anti-China lobby in Europe and the Middle East. Some observers said it is also a US attempt to create governing problems for Venezuelan authorities.

SOURCE: BELT AND ROAD INITIATIVE

 

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