Mercosur

Mercosur
Monday, July 28th 2014 - 08:09 UTC

Strong speech from Cristina Fernandez expected at Mercosur summit in Caracas

The Mercosur summit takes place on Tuesday and as of Wednesday Argentina might be declared in technical default

Argentine President Cristina Fernandez will attend this Tuesday the leaders' summit of Mercosur in Caracas, Venezuela. The president will travel to Caracas in order to participate in a congress originally scheduled for December 17, but which suffered several postponements.

Monday, July 28th 2014 - 07:04 UTC

Uruguay, Paraguay and Bolivia private sectors unite to combat Mercosur protectionist policies

Paraguay's Eduardo Felippo says Urupabol will help boost growth and sound development

The private sectors from Paraguay, Uruguay and Bolivia agreed to form a business lobby, Urupabol, with the purpose of actively combating protectionist policies and other obstacles implemented inside Mercosur, mainly by senior members Argentina and Brazil.

Saturday, July 26th 2014 - 07:05 UTC

Mercosur to consider forming an 'economic forum' with ALBA and Petrocaribe

President Maduro, and leader of ALBA and Petrocaribe will be hosting the summit in Caracas

Uruguay's president Jose Mujica will be attending the next Mercosur presidential summit scheduled for Tuesday, 29 July in Caracas, when the creation of an economic forum Mercosur/ALBA/PetroCaribe will for consideration as part of the agenda.

Friday, July 25th 2014 - 06:22 UTC

Brazil wants to speed Mercosur/Pacific Alliance free trade understanding

Ferreira Simoes said the issue would be discussed at the coming Mercosur summit in Caracas

Brazil will propose next Tuesday, in Caracas, during the Mercosur summit that the group and the Pacific Alliance reach an agreement on free trade by the end of the year, according to official sources from Itamaraty.

Friday, July 25th 2014 - 06:09 UTC

Mercosur is 'not working' because of protectionism and lack of arbitration

Mujica said the block is stalled and blamed different 'visions' of how Mercosur should work

Mercosur is “not working” and is “stalled” admitted Uruguayan president Jose Mujica and blamed the situation on different visions of the block's functioning, according to an interview with Folha de Sao Paulo.

Tuesday, July 22nd 2014 - 09:05 UTC

Mercosur was not created to become a fortress of 'hyper-protectionism'

Sanguinetti said that Mercosur can't be locked by tariffs for Brazilian manufacturing or Argentina's ports' hegemonic policies

Former Uruguayan president Julio Maria Sanguinetti and founder of the Montevideo Circle Foundation said Mercosur was not created to become a fortress of hyper protectionism but rather to promote competition and integration with flexibility. Sanguinetti participated in a round of conferences of the Montevideo Circle Foundation in Paraguay.

Tuesday, July 22nd 2014 - 09:00 UTC

Mercosur has 'yet to crystallize' but 'I remain positive' says Cardoso

The former Brazilian president claims points to the common external tariff as the main obstacle

Former Brazilian president Fernando Henrique Cardoso said that Mercosur has 'yet to crystallize as a customs union' and pointed to the common external tariff which is the founding stone but is “full of objections” as the main hurdle. Nevertheless “I remain positive about the strength of Mercosur”.

Saturday, July 19th 2014 - 07:26 UTC

Barroso calls on EU and Mercosur to conclude the free trade agreement

Portugal born Barroso who in August steps down, met with Dilma Rousseff

The president of the European Commission (EC), Jose Manuel Durao Barroso, called on Friday for concluding negotiations and finalizing a free trade agreement between the European Union and Mercosur, which includes Brazil, Argentina, Paraguay, Uruguay and Venezuela.

Friday, July 11th 2014 - 01:45 UTC

Mercosur summit on 29 July in Caracas, according to Venezuela and Paraguay

 Ministers Loizaga and Jaua confirmed all is ready for the summit when the rotating chair will pass on to Argentina

The much delayed Mercosur summit will finally take place at the end of the month in Caracas, according to sources from Paraguay and Venezuela. During the last OAS meeting, Venezuelan Foreign minister Elias Jaua confirmed to his Paraguay peer Eladio Loizaga that the date is 29 July and that the consultation process has been completed.

Tuesday, July 1st 2014 - 10:16 UTC

Mercosur waking up to the significance and impact of the Pacific Alliance

Uruguay's Vice-president Astori has been most vocal: ”Mercosur mustn’t be a terminal station”; we need trade deals with the Pacific Alliance

Mercosur leaders called for dialogue with the Pacific Alliance over its perception that Mercosur is becoming an obstacle to integration and wider growth in the region. Uruguayan Vice-President Danilo Astori seemingly sparked the debate a few weeks ago when he said that “Mercosur mustn’t be a terminal station,” calling for formal trade deals with the Pacific Alliance.

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