Mercosur

Mercosur
Wednesday, August 13th 2014 - 07:09 UTC

Brazil admits EU/Mercosur deal stalled because of European concerns about agriculture

“They are reluctant to open their markets for our agriculture, and we also have our own concerns about jeopardizing our industry”, said ambassador Mesquita

Brazil's agricultural competitiveness is a concern to countries and trade blocks negotiating agreements with Brazil, according to ambassador Paulo Estivallet de Mesquita, head of the Economics Department of the country's Ministry of Foreign Relations (MRE).

Tuesday, August 12th 2014 - 06:36 UTC

Uruguay wants Unasur to reach a consensus position of Gaza Strip conflict

Mujica described the situation as 'genocide' as was called 'ignorant' and 'imbecile' by the leading media in Montevideo

Uruguay will ask fellow members at the Unasur summit to be held in Montevideo later in the month to discuss the Gaza Strip situation, said Foreign minister Luis Almagro who next week will be meeting a delegation from the Palestine Authority. Almagro and president Jose Mujica have been questioned for using the words 'genocide' and 'massacre' to describe the Israeli offensive in Gaza.

Friday, August 8th 2014 - 07:59 UTC

Brazil insists in trade agreements and closer ties with Pacific Alliance, despite Mercosur

“Brazil's trade strategy targets productive integration with Latin America and multilateral agreements with EU US and China” says minister Borges

Brazil confirmed that it will try to bring forward to 2016 the free trade agreement with Chile, Peru and Colombia, scheduled for 2019 and underlined the need for Mercosur and the Pacific Alliance to converge as part of the region's productive integration process.

Thursday, August 7th 2014 - 08:10 UTC

Rousseff claims EU has yet to agree on a proposal to exchange with Mercosur

“Stop blaming us because we are ready, we have our proposal ready”, Rousseff told the lobby of Brazilian farmers

President Dilma Rousseff claimed before the Brazil's farmers lobby that the trade agreement between Mercosur and the European Union is stalled and is not fulfilled because of the 'resistance' from several European countries, and specifically named France, Hungary and Ireland.

Thursday, August 7th 2014 - 06:32 UTC

Mercosur trade deal is a priority for the EU under Italian presidency

Ms Mogherini said it was essential for Europe to have closer trade and political links with other regions of the world.

Foreign minister Federica Mogherini pledged that under the current Italian presidency of the European Union, top priority will be given to signing the pending trade agreements, among which that with Mercosur still under discussion.

Wednesday, August 6th 2014 - 21:21 UTC

Latam food prices at slow growth rate for third month running, says FAO

The lower rate of food inflation in the region in June largely responds to the change in inflation in Brazil and Mexico

FAO’s Monthly Food Price Report notes that food prices in Latin America and the Caribbean reduced their growth rate for the third consecutive month. Regional food inflation increased only 0.5% in June, down from 1% in May and 1.2% in April, which is particularly relevant for the poorest, who spend a larger proportion of their income on food.

Monday, August 4th 2014 - 07:41 UTC

Trying to gauge the impact of Argentina's situation in Mercosur partners

Hotels and other tourist attractions in Punta del Este are bracing for a slow summer season after Argentina’s refusal to pay holdout bondholders.

Argentina’s debt problems threatens to worsen trade tensions in Mercosur, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to plunge deeper into recession.

Friday, August 1st 2014 - 09:10 UTC

Mercosur finally agrees on joint trade proposal to exchange with the EU

 The family picture in Caracas next to the statue of Bolivar

Mercosur members finally agreed this week on a draft joint proposal to be presented to the European Union with the purpose of negotiating a long delayed trade and cooperation agreement with EU, according to Uruguayan diplomatic sources.

Thursday, July 31st 2014 - 07:39 UTC

Mercosur divided on the Gaza Strip statement; Paraguay dissented

“Paraguay favors dialogue and rejects all forms of violence”, said Foreign minister Eladio Loizaga

Paraguay strongly objected a draft Mercosur declaration on Gaza which wanted to openly support Palestine and unilaterally condemn Israel's bombings and incursions, according to sources at the group's summit which took place Tuesday in Caracas.

Wednesday, July 30th 2014 - 07:10 UTC

Cristina Fernandez thanks Mercosur support and again attacked Judge Griesa

The official 'family' picture of Mercosur leaders. Argentina now holds the rotating six-month chair

President Cristina Fernández addressed fellow heads of state at the Mercosur summit in Caracas, where she thanked members of the bloc for their support over the ongoing fight with holdout investors in the New York courts and underlined that Argentina “has paid debt obligations religiously”.

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