Good news for Mercosur pulp industry. After monthly price increases for eucalyptus pulp since June, China has surprised producers and analysts by showing stronger than expected demand for the fiber.
Argentina's Economy Minister and presidential candidate Sergio Massa said Thursday that the heart of Mercosur lies in the country's north and urged his supporters to “go for our flag” in Sunday's elections. Massa's remarks came during a campaign closing event at a factory in the city of Pilar, some 50 kilometers northwest of the capital. He also promised to improve salaries “and the purchasing power of the people” if Unión por la Patria (UP) wins.
Fuel shortages have been reported on both ends of the River Plate. But while supply is expected to be back to normal before the end of this week in Montevideo, Argentine rural producers are concerned that the lack of diesel might impact their activity shortly.
As the summer season approaches and Argentina lives through a not-quite-unprecedented crisis, Uruguay's Chamber of Commerce and Services fears it may result in fewer travelers and ensuing economic losses when compared to other years.
Paraguay's Foreign Ministry announced Sunday that a joint mechanism within Mercosur had been activated to rescue nationals of all member countries trapped in war-torn Israel.
Trade between Argentina and Brazil reached US$ 2.1 billion in September, marking a 19.5% decline compared to the US$ 2.66 billion recorded in the same month last year. This fact was brought to attention in a report by Argentina’s Chamber of Commerce and Services (CAC), which used official data from Brazil.
Brazil is planning to curb dairy imports from Mercosur countries. In the next few days, a decree will be published that will change the rules for tax benefits for dairies, agro-industrial companies, and cooperatives that participate in the Ministry of Agriculture’s milk program PMLS. The objective is to reduce tax incentives for companies that purchase dairy products from abroad.
Argentine Foreign Minister Santiago Cafiero Wednesday denied his country had any hypothesis of conflict with Paraguay despite recent controversies over tolls collected from barges sailing along the Paraná River Waterway and Asunción canceling all electricity supply from the Yacyretá hydroelectric power plant.
A Paraguayan naval officer and two civilians were arrested Wednesday by the Argentine Coast Guard (PNA) following an incident at around 3 pm in the Paraná River near the PNA's Puerto Maní (Misiones) delegation that resulted in the seizure of a Paraguayan Navy vessel allegedly trying to smuggle fuel to the Paraguayan side.
Argentina will continue to charge a toll to barges sailing through the Paraná River Waterway after no agreement was reached Tuesday during a Technical Commission meeting at the Brazilian Embassy in Buenos Aires.