Mercosur

Mercosur
Friday, November 28th 2014 - 06:30 UTC

Uruguay praises Mercosur as the “main buyer” of the country's exports

Almagro highlighted that ”Mercosur allows Uruguay to diversify its exports and to sell products with more value added, which generates more jobs”.

Uruguay’s Foreign Minister Luis Almagro highlighted that Mercosur is the “main buyer” of Uruguayan exports and strongly defended the country's presence in the regional group, a controversial issue since much of the country's political system and most of the business community want a more dynamic, open trade block.

Thursday, November 27th 2014 - 06:19 UTC

Mercosur/Pacific Alliance agree on flexible integration but no talk on tariffs

“It is not realistic to insist with a tariffs integration at this stage, but yes we can advance in other areas”, said Bachelet

Mercosur and the Pacific Alliance explored this week in Chile the possibilities of a gradual, and flexible, integration but left aside all possibility of a near future agreement on tariffs.

Wednesday, November 26th 2014 - 09:41 UTC

Pacific Alliance and Mercosur represent 90% of Latam and Caribbean GDP

“The gradual convergence between the Pacific Alliance and Mercosur” is a natural conclusion of the integration, said Alicia Barcena

The Pacific Alliance (PA) and the Common Market of the South (Mercosur) combined represent more than 80% of regional foreign trade as well as population, and more than 90% of GDP and direct foreign investment flows, according to a new report by the Economic Commission for Latin America and the Caribbean (ECLAC).

Saturday, November 22nd 2014 - 09:19 UTC

Brazil committed to advance with EU/Mercosur trade negotiations

“Mercosur has been holding negotiations with the EU; we're in discussions with other countries, but we must look for a way to advance”, said Marcadante

Brazil must speed international trade agreement negotiations, said cabinet chief Aloizo Mercadante, in direct reference to Mercosur and demanding an end to internal disputes.

Friday, November 21st 2014 - 06:05 UTC

Cristina Fernandez rests in Patagonia and prepares for regional agenda

The Argentine leader will be attending the inauguration of Unasur headquarters in Quito, a building named after her late husband Nestor Kirchner

Argentine President Cristina Fernandez left Thursday evening for El Calafate, Santa Cruz province, to spend the long weekend with her family, presidential spokesman Alfredo Scoccimarro reported.

Thursday, November 20th 2014 - 05:05 UTC

Former Brazilian minister blames Argentina for lack of EU/Mercosur trade accord

“Mercosur is stalled, maybe it's time to declare the independence of Brazil from that group”, said Furlan

A former Brazilian Development minister and currently member of the board of BRF, one of the world's leading food corporations, Luiz Fernando Furlan said Brazil is far away from world trade agreements and urgently needs to review policies in this area, including participation in Mercosur.

Tuesday, November 18th 2014 - 11:19 UTC

Bolivia confident Mercosur incorporation process will be ironed out at the next summit

Brazil and Bolivia are waiting for the inaugurations of Rousseff and Morales before sending the protocol for congressional approval

Bolivia trusts that at the coming Mercosur summit in Argentina it can advance in solving the “technical-legal” difficulties that are delaying the country's full membership of the trade and political group. Allegedly one of the main differences rests in neighboring Paraguay and how it would accept Bolivia's incorporation.

Tuesday, November 18th 2014 - 06:39 UTC

European Union blasts main trading partners over protectionism

”I regret to see that many countries still consider protectionism a valid policy tool. said Cecilia Malmström, the EU Trade Commissioner.

The tendency to impose trade-restricting measures remains strong among the European Union's commercial partners, fuelling continuing uncertainty in the world economy. These are the main findings of the European Commission's annual report on protectionism published Monday 17 November.

Saturday, November 15th 2014 - 01:13 UTC

Parlasur dialogue with Kelpers: a great opportunity lost

“Taking into account the interests of the Islands population”, many of whose ancestors have been living there since the 1850s, is basic for any resolution.

By Jaime Trobo (*) - Parlasur, acronym for Mercosur Parliament, decided to approve a declaration relative to the Malvinas Islands situation, and more specifically on the sovereignty conflict between the Argentine Republic and Great Britain, which has been ongoing for over 180 years with no reasonable accord.

Friday, November 14th 2014 - 06:38 UTC

Brazil's Rouseff re-election: lower expectations

Rouseff’s low key approach to foreign policy will also continue. Mercosur and South America will be her priority

By R. Viswanathan (*) - The reelection of President Dilma Rouseff means continuation of the slow growth of the Brazilian economy and a lower likelihood of much-needed, major political and economic reforms. India should lower its expectations on a global partnership with Brazil.

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