Uruguay's president Tabare Vazquez announced that when he meets with Brazil's Dilma Rousseff next month, they will consider as a priority how to get the Mercosur-European Union talks for a trade agreement rolling again.
Mercosur must exhaust efforts with determination to advance in trade negotiations with the European Union, said Uruguay's Deputy foreign minister Jose Luis Cancela confirming the country's commitment with the block, but also demanding 'sincerity' in addressing the challenges and agreeing on an international insertion strategy.
Uruguay and Brazil foreign ministers Rodolfo Nin Novoa and Mauro Vieira will be meeting this week in Brasilia in yet another attempt to push forward the stalled negotiations for a trade agreement between Mercosur and the European Union, according to the minutes of a meeting of the Uruguayan official with members of the Foreign Affairs committee.
Mercosur is being left out of the main global trade flows since it only belongs to 1% of free trade treaties or tariff preference agreements, which actually represent half of world trade, said Uruguay's foreign minister Rodolfo Nin Novoa during a conference on Education and regional integration.
Uruguay's Economy minister Danilo Astori warned about the new regional and international context, not so favorable to his country's interests as in recent years, and underlined that Mercosur is going through one of its worst moments since foundation in 1991.
Fresh from an incident with Venezuela which delayed and displaced a Unasur meeting, the Uruguayan government is looking for closer relations with the conservative administration of Paraguay, putting the emphasis on regional integration but also in making Mercosur a more open and dynamic trade and cooperation block.
Mercosur as a unified space has failed and Argentina must start thinking in a new partner, which could be the Pacific Alliance said one of Argentina's main businessmen with interests in a diversified portfolio, Eduardo Eurnekian. He made the statement on the sidelines of the World's Chambers Federation executive board meeting in Buenos Aires.
The European Union is tired of waiting for Mercosur to sign a free trade agreement, according to a delegation of Euro members of Parliament visiting Paraguay, a country which they consider a trusted 'ally' in trying to establish closer links with Europe.
Trade among Mercosur partners contracted 12.3% during the third quarter of last year in annual terms, despite the fact overall trade of its members increased and despite the greater integration commitment of the group's original charter, points out the Argentine Chamber of Commerce
Brazilian foreign minister Mauro Vieira discarded that the recent agreements reached by Argentina with China can interfere with Mercosur, while his Argentine counterpart Hector Timerman said that the package of accords with Beijing will actually benefit Mercosur.