Mercosur

Mercosur
Saturday, December 13th 2014 - 04:03 UTC

Argentina praised Uruguay's support in the Malvinas dispute with UK

“Uruguay has been a regional leader in this matter, marking the agenda and installing the issue in international forums”, said Ambassador Dovena

Argentina’s ambassador to Uruguay Dante Dovena has praised the “commitment” and support of President Jose Mujica administration in the country’s sovereignty dispute against the UK as he readied to close he 2014 Malvinas Forum in the neighboring nation.

Tuesday, December 9th 2014 - 23:03 UTC

Mercosur lacks discipline and has become a 'straitjacket' for trade negotiations

“Mercosur is off the track, it won't be easy to put it back; this is partly because the block left aside the original project of a customs union” said Ms Valls

Mercosur must discipline and return to its origin as a customs union since it has become a 'straitjacket' for negotiations with other regional blocks, according to Lia Valls, foreign trade coordinator at the Brazilian Economics Institute belonging to the prestigious thinktank Getulio Vargas foundation.

Friday, December 5th 2014 - 06:19 UTC

Latin America 'unfortunately' has a very low participation in global trade

Rodriguez said that “south-south” trade had increased from less that 5% in 1990 to almost 18% last year, on the back of the integration process

Latin America 'unfortunately' has a very low participation in world trade which is a major challenge for the region, according to Gonzalo Rodriguez, member of Mercosur technical staff, who was one of several speakers at the preamble of Unasur summit.

Wednesday, December 3rd 2014 - 08:15 UTC

Falklands' patrol vessels support, allegedly from Brazil and Chile, trigger debate in Argentina

A recent foreign policy book from Di Tella's number two, Andres Cisneros has brought up the issue

Argentine opposition lawmakers expressed concern about alleged logistic support from Brazil and Chile to British warships and other auxiliary vessels in the South Atlantic and demanded the government of president Cristina Fernández report to Congress on the matter.

Saturday, November 29th 2014 - 04:47 UTC

Argentine swimmer crosses the Falklands' sound in 2 hours and 7 minutes

Argentine amateur distance swimmer Agustin Barletti (53) swam across Falklands Sound on November 9 in 2 hours and 7 minutes. The Argentine, who has also swum the Strait of Gibraltar between Europe and Africa hit it lucky with calm weather and the swell only increasing as he finished.

Friday, November 28th 2014 - 06:38 UTC

Mercosur and EU could not establish a date for the exchange of new proposals

EC indicated it has to finalize the internal consultation process regarding its own proposal which it estimates “should take place any time now”.

European Union and Mercosur representatives analyzed the current state of negotiations for an association and free trade agreement but could not establish a date for the exchange of new proposals because “the European Commission has yet not concluded the consultation process with member states to harmonize its proposal”.

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.

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