Stories for December 8th 2012

Saturday, December 8th 2012 - 04:07 UTC

Bolivia signs Mercosur incorporation protocol and becomes sixth member

“Evo, you are most welcome” said president Rousseff

Bolivian president Evo Morales subscribed on Friday the Mercosur incorporation protocol which makes it the sixth member of the regional group. The event took place in Brasilia during the Mercosur summit hosted by Brazilian president Dilma Rousseff.

Saturday, December 8th 2012 - 04:02 UTC

Supreme Court will decide on Clarin/Argentine government conflict next week

With three Justices absent the Argentine Supreme Court held the emergency meeting

The Argentine Supreme Court delayed on Friday until next week an answer to President Cristina Fernandez administration’s complaint referred to the Media Law when the seven Justices are present. Currently one is overseas on an academic trip and two others were unable to attend the emergency meeting.

Saturday, December 8th 2012 - 03:59 UTC

Paraguay rejects Mercosur decisions involving Bolivia and Uruguay

President Franco considers Paraguay’s suspension ‘arbitrary and illegal’

Paraguay rejected the incorporation of Bolivia to Mercosur which took place on Friday at the summit in Brasilia and criticized the fact Uruguay accepted the group’s chair for the next six months skipping Paraguay, currently suspended from the regional organization.

Saturday, December 8th 2012 - 03:54 UTC

Mercosur summit rejects Falklands’ self-determination referendum

Whatever the result the essence of the Malvinas question remains, said Mercosur leaders

Presidents from Mercosur full and associate members meeting in Brasilia rejected the coming Malvinas Islands self determination referendum and anticipated that whatever the result of the ballot “it will not alter at all the essence of the Malvinas question”.

Saturday, December 8th 2012 - 03:51 UTC

Venezuela has until 2016 to adapt to Mercosur tariffs and rules system

Energy, Oil and Mining minister Rafael Ramirez represented Venezuela

Venezuela will adopt the Mercosur common external tariff in four annual stages which are scheduled to conclude in the first half of 2016, according to what was agreed at the summit held Friday in Brasilia and reported by Brazilian diplomatic sources. This was Venezuela’s first summit as a full member of the South American trade and political block.

Saturday, December 8th 2012 - 03:47 UTC

Bolivian industry warns about the Mercosur ‘straight jacket’ and protectionism

IBCE Gary Rodriguez fears Bolivia in Mercosur will not be able to have trade agreements with the EU, US or Asia

The incorporation of Bolivia to Mercosur must not become a “straight jacket” that leaves the country with no margin to negotiate trade agreements with other regions, said the private business organization, Bolivia Foreign Trade Institution, IBCE

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