Mercosur

Mercosur
Saturday, January 31st 2015 - 09:23 UTC

Falklands/Malvinas: Celac summit, including Commonwealth members, support Argentina's 'legitimate' claims

The two day deliberations were not that harmonious since Niacaragua's Ortega walked out

The Celac summit held in Costa Rica and which brings together all Latin American and Caribbean countries released a declaration expressing full support for Argentina's 'legitimate' rights over the Falklands/Malvinas, recalls that 2015 marks the 50th anniversary of Resolution 2065 (first UN Assembly General resolution on the Falklands dispute) and again call on the goods offices of Ban Ki-moon to help start negotiations on the Argentina/UK dispute.

Monday, January 26th 2015 - 08:34 UTC

Brazil supportive of Mercosur “as long as it does not turn into a burden”

“Mercosur must ensure freedom to its members to negotiate with other parties and must not become a burden” said Agriculture minister Abreu

Brazil is ready to preserve the advances achieved by Mercosur but as long as the block does not turn into 'a burden' when it comes to negotiate trade agreements with third parties, according to Agriculture minister Katia Abreu.

Friday, January 16th 2015 - 06:49 UTC

Bilateral trade between Mercosur main partners dropped 21.2% in 2014

The poor performance of the auto industry had an impact for both countries and their complementation

Bilateral trade between Mercosur two main partners, Brazil and Argentina (first and third largest economies in Latin America) dropped 21.2% last year and with a 139 million dollars deficit for Argentina, according to the Argentine Commerce Chamber, CAC.

Tuesday, December 30th 2014 - 07:44 UTC

Argentine Senate passes China deals, Parlasur elections bills

Chinese President Xi Jinping signed the treaties with CFK in July

Victory Front pushes forward with two projects aimed at reshaping the scenario in view of next year's presidential campaign.

Thursday, December 18th 2014 - 04:45 UTC

Holdout funds, Malvinas: Mercosur presidents back Argentina

Heads of State of Mercosur full and associate member countries expressed full support to Argentina and Venezuela on Wednesday in Parana.

Full support also expressed for Venezuela against sanctions from the administration of United States President Barack Obama.

Thursday, December 18th 2014 - 04:25 UTC

Paraguay's objections prevent Bolivia from full Mercosur membership

President Evo Morales will still have to wait to see Bolivia fully admitted into Mercosur due to objections raised by Paraguay.

CFK says regional integration not a problem for worldwide integration, labels marketplace a euphemism as the decline in oil price conceals geopolitical interests of other countries

Wednesday, December 17th 2014 - 03:46 UTC

Cristina makes major castling on eve of Mercosur Summit

”Bolivian president Evo Morales and Governor Sergio Urribarri sport their national football teams' jerseys in a friendly match in Parana.

Evo Morales, Governor Urribarri play football - New Intelligence boss appointed.

Saturday, December 13th 2014 - 04:37 UTC

Brazil confident since pre-salt oil is profitable 'even at 60 dollars a barrel'

“I don't know of any pre-salt project that cannot resist the 70 dollar or even the 60 dollar mark” said Ms Chambriard

The head of Brazil's National Petroleum Agency, Magda Chambriard said that the country's oil production projects remain 'robust' even as international prices for crude continue to tumble. She underlined that the pre-salt projects of Brazil along ist coast resist prices as low as 60 dollars a barrel.

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.

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