Mercosur

Mercosur
Monday, May 11th 2015 - 10:16 UTC

Vazquez and Rousseff meeting will address Mercosur/EU trade negotiations

Mercosur members must have “the opportunity to reach bilateral agreements with other countries outside the region or other blocks”, said president Vazquez

Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group's members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the 'consensus' clause clamp.

Thursday, May 7th 2015 - 06:55 UTC

Brazil wants to review Mercosur 'liberty' rules; sends strong public message to Argentina

“We want to send a clear strong signal, particularly to Argentina, of the urgency to reach a trade agreement with the European Union”, underlined Monteiro

Brazil has proposed reviewing Mercosur rules so that its members can enjoy more 'liberty' to negotiate trade agreements with other blocks or third parties, because even when “Mercosur is an indissoluble marriage, this does mean that relations can't be discussed” and thus a 'different speeds' group should not be discarded.

Wednesday, May 6th 2015 - 07:04 UTC

Uruguay calls for an end to Mercosur 'hollow rhetoric' which undermines jobs

”We want to overcome the hollow rhetoric', said Nin Nova and demanding a rigorous chronogram of tariffs' progressive reduction

Uruguay's foreign minister Rodolfo Nin Novoa called on Mercosur to overcome “hollow rhetoric” and advance towards the elimination of barriers which restrict access to other markets and intra-region trade.

Tuesday, May 5th 2015 - 10:01 UTC

Mercosur prepared to consider the possibility of a 'two-speed' system with EU

 “Some Mercosur members might be ready to begin negotiations with the EU, while the rest can join in time”, said Loizaga

Paraguay's foreign affairs minister Eladio Loizaga admitted in Madrid that Mercosur could consider the possibility of a “two-speed” system in trade and cooperation negotiations with the European Union. The minister was the main speaker at the event organized by Casa de America and the Spanish government news agency EFE.

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.

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