South American Summit Ends Amid Quarrels

January 22nd, 2007 at 01:27pm

Mercosur’s ministerial council concluded its two-day summit in Rio de Janeiro on Friday with no major policy agreements made between the 11 South American nations in attendance. The heads of state of Bolivia, Colombia, and Venezuela aired grievances on issues like foreign investment, the nationalization of major industries, and U.S. anti-drug policies.  Paraguay, which currently holds the Mercosur presidency, told Argentina and Uruguay they must resolve their deadlocked conflict over the construction of pulp mills along their border; the dispute is currently before the International Court of Justice.

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Entry Filed under: Americas, Dispute Resolution, Foreign Affairs and Diplomacy, Treaties and International Agreements