A dispute over alleged dumping of biodiesel in the US by Argentine exporters has yet to be resolved; Argentina will resume biodiesel exports to the EU in August.
Private investors have historically been cautious about investing in PPPs, especially in their early stages. Improving the bankability of projects could attract capital and help close Latin America's infrastructure gap, writes James P. Scriven, CEO, Inter-American Investment Corporation.
Opposition politicians called for snap elections on Thursday while protesters marched in major cities amid revelations that President Michel Temer was recorded discussing bribes to silence jailed former lower house speaker Eduardo Cunha.
Although his deposition was originally scheduled to take place on May 18, Marcelo Odebrecht has already given his testimony to Brazilian authorities, according to the Mexican attorney general's office.
President Michel Temer was supposedly recorded discussing bribes for a politician arrested in the Lava Jato anti-corruption investigation.
The privatizations would allow distributors to raise investments and expand their respective pipeline networks as states grapple with a prolonged fiscal crisis.