Mercosur

Mercosur
Tuesday, May 5th 2015 - 09:52 UTC

Mercosur main partners' bilateral trade stalled for the last six years

“Argentina's foreign trade policy has become to the say the least, confusing”, points out the consultant's report.

Bilateral trade between Mercosur main partners Argentina and Brazil, has stalled at an annual 30bn dollars during the last six years (2008/2014), with no prospects of a recovery during 2015, according to Finsoport consultants from Buenos Aires.

Monday, May 4th 2015 - 06:30 UTC

Uruguay has the lowest corruption perception among Mercosur members

The country figures among the 21 countries with less corruption perception at global level, according to TI

Uruguay enjoys the lowest perception of corruption among Mercosur countries and also a privileged position at global level, according to the country's Transparency and Public Ethics Commission. The ranking was based on data from Transparency International and World Bank for the period extending from 2003 to 2014.

Friday, May 1st 2015 - 07:14 UTC

Tax free imported vehicles for residents from Kirchner's Santa Cruz province

“The maximum CIF import price for each vehicle unit is 25.000 US dollars for common autos and 40.000 US dollars for pickups”.

Argentine residents from the Patagonian province of Santa Cruz, the Kirchner family political stronghold, will be allowed to buy imported cars free of federal taxes, according to the latest resolution 31/2015, signed by president Cristina Fernandez and published in the official Gazette.

Wednesday, April 29th 2015 - 22:59 UTC

Flexibility to discuss trade accords with third parties, Uruguay demands from Mercosur

“We admit the problems our partners have, and are willing to wait, but in compensation we demand flexibility to agree with third parties”, said Astori

Brazil's deteriorating economy and the recession tendency in Argentina, Mercosur main and largest partners, are influencing inter-group trade and the Uruguayan government is pressing for more flexibility that should allow it to negotiate agreements or understandings with third parties.

Wednesday, April 29th 2015 - 22:48 UTC

Uruguay insists Mercosur must achieve “a free trade zone which effectively works”

“To have Mercosur members 'sincere themselves', means complying with free movement of goods, services and production factors”, said Nin Novoa

Uruguay again complained about the current stalled situation of Mercosur and called for members to 'sincere' themselves regarding the compliance of the original 1991 founding charter, and hopefully “we can at least reach the first stage of the chronogram: a free trade zone which effectively works and has not to bear the brunt of hurdles”.

Monday, April 27th 2015 - 22:48 UTC

Paraguay and Uruguay ministers to discuss recovering paralyzed Mercosur

Loizaga will be receiving Nin Novoa on Tuesday to address the current situation of Mercosur and consider options to get the group back on its tracks

Following on the lead of Uruguay's new government, Paraguay has also demanded Mercosur returns to its roots and original objective with free circulation of goods and no obstructions of any kind or impediments such as tariff barriers. The five countries group has been paralyzed and negotiations for an encompassing cooperation and trade agreement with the European Union remain stalled.

Monday, April 20th 2015 - 23:41 UTC

Uruguay insists with the EU trade accord, even leaving Mercosur aside

   “It is essential that we advance together with Brazil in trade matters to see if we can finally reach an agreement Mercosur/EU”, said President Vazquez

Uruguay's president Tabare Vazquez announced that when he meets with Brazil's Dilma Rousseff next month, they will consider as a priority how to get the Mercosur-European Union talks for a trade agreement rolling again.

Friday, April 17th 2015 - 03:39 UTC

Mercosur must exhaust efforts to advance in trade talks with EU, insists Uruguay

“Many elements such as the free circulation of goods, services and persons is not working” and there is a distortion of the Mercosur founding treaty, said Cancela

Mercosur must exhaust efforts with determination to advance in trade negotiations with the European Union, said Uruguay's Deputy foreign minister Jose Luis Cancela confirming the country's commitment with the block, but also demanding 'sincerity' in addressing the challenges and agreeing on an international insertion strategy.

Monday, April 13th 2015 - 08:17 UTC

Uruguay/Brazil meeting to attempt an advance in Mercosur/EU trade talks

Rodolfo Nin Novoa revealed to the Uruguayan congress that this week he will be meeting with his counterpart and Mauro Vieira in Brasilia

Uruguay and Brazil foreign ministers Rodolfo Nin Novoa and Mauro Vieira will be meeting this week in Brasilia in yet another attempt to push forward the stalled negotiations for a trade agreement between Mercosur and the European Union, according to the minutes of a meeting of the Uruguayan official with members of the Foreign Affairs committee.

Monday, April 13th 2015 - 07:45 UTC

Mercosur footwear manufacturers want to stop the 'flood' of Asian shoe imports

“There's no way the import figures are compatible with an annual consumption of one pair of shoes in Paraguay, given the levels of poverty”, said Ramirez (Pic ABC)

Paraguay with a population of six million imports annually 25 million pairs of shoes, something considered 'incredible' and totally out of proportion with the economic situation and poverty levels of the country, claimed Mercosur members' footwear chambers and related industries.

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