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.
Argentina and Chile agreed to organize a major Mercosur, Pacific Alliance trade blocks' meeting during the first half of 2017. Last Friday Chilean president Michelle Bachelet and her cabinet were in Buenos Aires with peers Mauricio Macri and ministers as part of an agenda of regular meetings to address a joint agenda.
Mercosur founding countries national coordinators met on Tuesday in Montevideo and admitted that the block is going through an emergency situation because of the presidential acephaly, but agreed on proposals to overcome the challenge and in a business as usual spirit, are readying for a meeting with the EU on trade negotiations and on the Action Plan to advance closer links with the Pacific Alliance.
Latin America needs greater economic integration and a merger of Mercosur and the Pacific Alliance should be the objective, according to Argentine president Mauricio Macri, who insists in loosening trade restrictions in his country and the region.
Uruguay, a founding member of Mercosur has been invited by Pacific Alliance members Colombia and Peru to update and expand commercial agreements with the two countries and turn them into a free trade treaty, foreign minister Rodolfo Nin Novoa revealed during a hearing in Congress to analyze the current situation in Mercosur.
Argentina, Brazil and Paraguay have announced they do not support Venezuela as the pro tempore presidency of Mercosur, further deepening controversy in the group which could even hinder ongoing trade negotiations with the European Union and closer links with the Pacific Alliance.
Argentina and Mexico agree on the need to reach absolute integration and free trade, as part of the closer bilateral relations confirmed with the visit to Buenos Aires of Mexican head of state Enrique Peña Nieto.
Fishing for giant squid (Dosidicus gigas) finally seems to be improving in northwest Peru, which has brought some peace to Paita and other northern ports that rely heavily on this product. The lack of the species has been of great concern to the people of the area, but since last week the cephalopod has slowly reappeared in this part of the Peruvian coast. Now they expect the improvement is sustained and not only a temporary relief.
The Pacific Alliance must be ready to react to a possible surprise in the United States presidential election, Mexican Economy Secretary Ildefonso Guajardo said in Chile on Thursday.
The presidents of Chile, Colombia, Mexico and Peru, the four member states of the Pacific Alliance, met on Thursday in the Chilean town of Puerto Varas to strengthen their economic integration in order to deal with the ravages of global finance. They also called for closer links with the European Union to bolster education for development.