MercoPress, en Español

Montevideo, November 22nd 2017 - 03:45 UTC

Mercosur

  • Wednesday, March 15th 2017 - 06:38 UTC

    Mercosur expects to sign a trade deal with the EU by year end taking advantage of Trump's isolationism

    “The U.S. withdrawal from agreements like the Trans-Pacific Partnership [TPP] and the Atlantic Alliance undoubtedly opens new opportunities for us,” Nunes said.

    Mercosur expects to sign a framework accord this year for a trade deal with the European Union as the U.S. shift to isolationism under President Donald Trump encourages it to look outside the hemisphere for opportunities, Brazil's foreign minister Aloysio Nunes said on Tuesday.

  • Friday, March 3rd 2017 - 11:48 UTC

    New Brazilian foreign minister no fan of Trump, but sponsors free trade, Mercosur and the Pacific Alliance

    After Trump's victory in November, Nunes went on Twitter to call the real estate mogul “the worst” of the Republican Party, “uncontrollable” and “exaggerated.”

    Brazil's president has picked as his new foreign minister a man who has sharply criticized U.S. President Donald Trump. President Michel Temer named Sen. Aloysio Nunes to the post Thursday to replace Jose Serra. Serra resigned last week for medical reasons. The appointment doesn't require congressional approval. Both Nunes and Serra belong to the center PSDB party, senior member of the ruling coalition.

  • Thursday, March 2nd 2017 - 07:17 UTC

    Falklands/UK RAF air bridge called at Brazilian airports, claims Argentina

    According to Malvinas Desk archives during 2015, there were 12 similar flights by the RAF calling in Brazil and which were detected by the Argentine Air Force.

    At least six Royal Air Force flights linking UK with Falklands' MPA, during 2016, called at Brazilian airports, claimed the Argentine foreign ministry Malvinas Desk based on information supplied by the country's Air Traffic Control office.

  • Tuesday, February 28th 2017 - 18:18 UTC

    Brazil manufacturers set up “maquila” assembly plants in neighboring Paraguay

    Dark-blue electric scooters assembled by 20 workers at the Estrela factory, known as a “maquila”, will be shipped across the Paraguay border to Brazil

    When toymaker Estrela decided to move manufacturing capacity back to Latin America from China, it sank US$ 2 million into a new factory not in its native Brazil - the region's largest economy - but in its tiny southern neighbor Paraguay. The plant, which opened this month in the border town of Hernandarias, stands near a 4,500-hectare industrial park filled with Brazilian companies making everything from auto parts to clothing.

  • Monday, February 20th 2017 - 11:20 UTC

    EFTA/Mercosur talks confirmed to begin next June in Buenos Aires

    Bilateral trade between the two blocks reached 8.7bn in 2015, when first contacts were started. In Davos Economic Forum the round of discussions was first agreed.

    The first round of formal trade negotiations between Mercosur and EFTA, European Free Trade Association, is scheduled to take place in Buenos Aires next June according to information from Brussels where there was a preliminary encounter between the two sides. “It will be in June, and talks will be at chief negotiators level”, confirmed EFTA and Mercosur sources.

  • Friday, February 17th 2017 - 09:43 UTC

    Mercosur begins trade talks with EFTA

    EFTA members are very much interested in an agreement with Mercosur anticipated Rigoberto Gauto

    Mercosur officially begins this Friday trade negotiations with the European Free Trade Association, EFTA, which brings together those countries that do not belong to the European Union, EU, that is Switzerland, Norway, Iceland and Liechtenstein, and that in a couple of years could see the UK, negotiating Brexit, joining.

  • Monday, February 13th 2017 - 09:20 UTC

    Mercosur/EU technical discussions in Brussels ahead of Buenos Aires meeting

    Earlier this month in Brasilia, presidents Mauricio Macri and Michel Temer agreed to give a new thrust to Mercosur trade negotiations with the European Union

    Mercosur representatives will be meeting their European Union counterparts this week, beginning Monday, in Brussels in anticipation of another round of trade and cooperation discussions scheduled for March in Buenos Aires. Mercosur members, under the coordination of Argentina, which currently holds the group's chair are attending with a common position reached after several days of videoconferences.

  • Saturday, February 11th 2017 - 07:36 UTC

    Mercosur meeting in March to address internal tariffs and Mexico

    Argentine and Brazilian presidents Macri and Temer agreed in Brasilia that approaching the Pacific Alliance must also be a priority for Mercosur

    Mercosur foreign ministers will be meeting next March 9 in Buenos Aires in the framework of Argentina's pro tempore chair and following on the Argentine/Brazilian presidents recent meeting when it was decided to give the group a new thrust taking advantage of the new world scenario.

  • Thursday, February 9th 2017 - 20:41 UTC

    Uruguay's budget deficit 4% of GDP in 2016, worst performance since 1989

     Economy minister Danilo Astori said results were better than expected since “these percentages are below anticipated targets: ”4.3% and 0.9% of GDP deficits”.

    Uruguay's budget deficit reached 4% of GDP during 2016, equivalent to US$ 2.043bn, the worst performance since 1989, according to the latest figures released by the government's stats office, INE. The previous year, 2015 ended with a budget deficit of 3.6% of GDP, which also set a record only comparable to 2002 (3.7%), when Uruguay underwent one of its most challenging financial meltdowns in decades.

  • Wednesday, February 8th 2017 - 08:02 UTC

    Macri and Temer agree to open Mercosur and to closer ties with Mexico

    In a state visit to Brasilia Macri said that Mercosur would focus on strengthening its relationship with Mexico, Latin America's second-largest economy after Brazil.

    The leaders of Brazil and Argentina said on Tuesday they would pursue closer ties with Mexico and other Latin American nations alarmed by U.S. President Donald Trump's promises to tear apart trade deals and build a wall in the Mexican border to protect American jobs.