Brazil is tightening requirements for imports of cars in a move that sparked complaints from Argentina, its biggest supplier of the product. Imports to Brazil will need a special license that can take as long as 60 days to be approved, the Trade Ministry said in an e-mailed statement.
Brazilian president Dilma Rousseff cancelled on medical advice Sunday’s trip to Asunción where she was scheduled to participate in the bicentennial celebrations of Paraguay’s independence.
Argentine President Cristina Fernández de Kirchner insisted on Thursday that she “is not dying to be president again” but also sent a scathing message targeting organized labour rejecting ‘blackmailing’ and any attempts to bring down the (economic) model.
Vote count in Ecuador showed President Rafael Correa heading for a referendum victory on Thursday after he accused electoral officials of delaying the tally in pro-government regions.
The eight nation Arctic Council agreed steps on Thursday to make the region safer and promised to study ways to prevent oil spills as fast-melting ice and snow open access to rich mineral and petroleum resources.
Brazil’s Commerce and Industry minister Fernando Pimentel called on the Argentine government to de-activate restrictions on Brazilian exports and revealed he had addressed a letter to his Argentine peer Debora Giorgi exposing restrictions on bilateral trade and demanding a reply this coming week end.
The United States free trade deals with Colombia, Panama and South Korea will pass through Congress by August if Republicans renew funding for the retraining of displaced workers, the chief U.S. trade official said Thursday.
The inability of the United States Congress and the administration to move three stalled free trade agreements is hurting US economic growth, testified American Farm Bureau Federation President Bob Stallman before the House Agriculture Committee.
Institutionalization of Mercosur and changing its public opinion image are the main issues Brazil’s Samuel Pinheiro Guimaraes plans to address, at his new post of Mercosur High Representative-General since February.
Activities in Uruguay’s private bank branches were partially altered Thursday following the killing earlier in the week of a security guard during a robbery attempt. This was the seventh bank robbery since the beginning of the year and triggered a controversy between the banks and the Ministry of Interior.