CHANGES ON THE COUNTRY LIST MEMBERS ATTACHED TO THE EU`S GENERALISED SCHEME OF PREFERENCES

The Generalized System of Preferences (GSP) of the EU offers lower tariffs or duty-free access to the EU market for imports from 178 countries. The EU system offers special benefits for 49 underdeveloped countries that meet certain basic standards in the workplace, environment and good governance rules. The new regime came into force in January 2014, will have half of beneficiaries to ensure a greater effect on the neediest areas, increasing the commitment of those countries to meet the aforementioned international conventions of human rights, labor, environment and rights good governance. Thus they will welcome the new GSP that allows free export of any legal substance or product.

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CHILE IS THE OECD COUNTRY WITH THE HIGHEST ECONOMIC GROWTH DURING 2014 AND 2015
SPAIN INTERESTED IN MEXICAN FINANCE, ENERGY AND INFRASTRUCTURE SECTORS


According to the latest report from the OECD economic outlook, the main domestic risk to chile comes from the strong domestic demand and a tight labor market.

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The reforms undertaken by President Enrique Peña Nieto are transcendental and will boost the Mexican economy.


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BOLIVIA WILL GROW 5,2% ON 2014
BRUSSELS ELIMINATES SHORT-TERM VISAS FOR COLOMBIANS AND PERUVIANS


The WB (World Bank) increased by 5 points their 2014 grow rate projection for Bolivia. In January of this year, in their Global perspectives report the WB projected a grow rate of 4, 7% for this year and a grow rate of 4,5% y 3,9% for 2015 and 2016 respectively.


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The EU institutions have agreed to eliminate this barrier, requested for a long period by Spain and rejected by the European commission at first. The embassies of the member states have ratified the decision taken in a working group, as the European Council, representing the member countries, has stated.


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ACORDING TO PROINVERSION (PERUVIAN AGENCY FOR THE PROMOTION OF PRIVATE INVESTMENT) NEXT YEAR THERE SHOULD BE GRANTED PROJETCS FOR JOIN PUBLIC – PRIVATE ASSOCIATIONS (APP) AMOUNTING US$ 10,000 MILLIONS

URUGUAY, HIGH COMPETITIVENESS FOR INVESTMENTS URUGUAY IS BEHIND CHILE AND BRAZIL IN THE LIST OF THE MOST COMPETITIVE COUNTRIES FOR BUSINESS IN SOUTH AMERICA, POSITIONING THIS COUNTRY IN AN AUTHENTIC REGIONAL LOGISTIC HUB FOR THE SOUTH


ProInversion chief executive officer indicates that projects for next year will amount same figures as this year. Nevertheless he considers hard to know which of this projects are going to be launched next year as scheduled, projects might change according to market issues, and dates might differ from those estimated earlier.

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Uruguay has the highest social and political stability in South America, with eleven years of uninterrupted GDP growth (GDP has grown 75% from 2003 to 2013), and according to a recent report from the World Bank, the GNI per capita based on purchasing power parity (PPP) has become the highest in South America, with a population of 3.400.000 inhabitants.

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