Unasur to hold 'urgent meeting' to face possible US crisis

The Union of South American Nations (Unasur) will hold an “urgent meeting,” suggested by Colombia, to establish actions to protect the region from the possible economic crisis of the United States, the Ecuadoran President Rafael Correa reported.

The summit of Economy Ministers was agreed on Thursday at Lima during the Unasur meeting, Correa stated in his weekly report without giving any specific date.

“We have decided to meet in order to protect us from a potential crisis of the US, by applying structual and institutional modifications so our economies stop being unnecesarily dollar-dependent.”

The meeting will be “urgent” and was proposed by the Colombian President Juan Manuel Santos, Correa added.