
Weather forecasters announced a high probability that the La Niña climate phenomenon will affect Uruguay during the 2025-2026 season, bringing significant challenges to the agricultural sector.

Argentine President Javier Milei defended his fiscal adjustment policies and Western culture in meetings with Paraguayan President Santiago Peña and at the Conservative Political Action Conference (CPAC) on Tuesday.

The Southern Common Market (Argentina, Brazil, Paraguay, and Uruguay) and the EFTA states (Iceland, Liechtenstein, Norway, and Switzerland) signed a Free Trade Agreement (FTA) on Tuesday in Rio de Janeiro, Brazil, creating a zone of nearly 300 million people with a combined GDP of over US$4.3 trillion.

Argentine President Javier Milei landed in Asunción early Tuesday to participate in the Conservative Political Action Conference (CPAC) and to hold a bilateral meeting with Paraguayan colleague Santiago Peña.

The Southern Common Market (Mercosur) is to sign a Free Trade Agreement (FTA) with the European Free Trade Association (EFTA) next Tuesday in Rio de Janeiro, it was announced on Friday. EFTA groups Norway, Switzerland, Iceland, and Liechtenstein, which will now partner with Argentina, Brazil, Paraguay, Uruguay, and Bolivia.

The Paraguayan Government of President Santiago Peña announced on Thursday that the ongoing negotiations with the United Arab Emirates to sign a Free Trade Agreement (FTA) with the Southern Common Market (Mercosur) were full steam ahead.

Brazilian President Luiz Inácio Lula da Silva rang European Commission President Ursula von der Leyen on Friday to congratulate her on sending the Free Trade Agreement between the Southern Common Market (Mercosur) and the European Union (EU) to the European Parliament for a vote.

The European Commission has validated the free trade agreement (FTA) between the European Union (EU) and the Southern Common Market (Mercosur), Uruguayan Foreign Minister Mario Lubetkin confirmed on Wednesday, calling it “excellent news” for his country.

Brazilian President Luiz Inácio Lula da Silva and his Panamanian colleague José Raúl Mulino met in Brasilia to advance the Central American country's accession to the Southern Common Market (Mercosur). In addition, the two leaders instructed their teams to begin negotiations aimed at addressing the existing trade imbalance, as Brazil's exports far outweigh Panama's exports.

Argentina's Ambassador to Asunción, Guillermo Nielsen, announced Wednesday during a meeting with Senate Speaker Basilio Bachi Núñez that President Javier Milei would be visiting the neighboring country on Sept. 15 and 16.