Tag: Mercosur

Mercosur
Tuesday, February 17th 2015 - 19:30 UTC

“EU tired of waiting” for Mercosur to sign a trade agreement; Paraguay a trusted partner

The delegation of MEPs with president Cartes in Asuncion

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.

Tuesday, February 17th 2015 - 19:24 UTC

Mercosur intra-zone trade continues to slide; represents 14% for the block

According to CAC intra-zone trade has been stalled since 2011, when it expanded 24.4%, well above the historic 8.9% increase.

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

Tuesday, February 17th 2015 - 05:13 UTC

Brazil and Argentina agree accords signed with China will not affect Mercosur

Vieira and his Argentine counterpart Timerman during the recent visit to Buenos Aires

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”.

Thursday, February 12th 2015 - 20:57 UTC

Argentina and Brazil admit trade disagreements between Mercosur main partners

Timerman acknowledged trade between the two countries needs some “fine-tuning”, but for Argentina Brazil is its “most strategic partner.”

Argentina and Brazil failed to reach an agreement to help unlock the ongoing tension between the two key Mercosur allies over bilateral trade. Argentina's Hector Timerman and his counterpart Mauro Vieira met in Buenos Aires to try and ease Brazil’s growing concerns about restrictions on the flow of goods, but any decisions were pushed forward to an undetermined date.

Monday, February 2nd 2015 - 03:49 UTC

Uruguay's new administration after more open and frank relations with Mercosur

Nin Novoa: “our embassies must be efficient trade offices” and for that the number of 'political appointees' in embassies will be cut drastically.

Career diplomats at key embassies, a more frank approach in talks with Mercosur, closer links with Israel and any free trade option with the United States remains frozen, anticipated Rodolfo Nin Novoa, Uruguay's next foreign minister as of next March first when the new administration takes office.

Sunday, February 1st 2015 - 20:47 UTC

'Mercosur does not exist': Uruguay should try a one to one deal with the Europe

“There is no excuse for not attempting a one-to-one agreement with the EU, because other countries in the continent have followed that path” said Riezler

Mercosur does not exist; Uruguay is losing precious time and should try a one to one trade agreement with the European Union, according to Paul Riezler, president of the Euro-Chamber in Uruguay and of the Uruguay-Germany Commerce and Industry Chamber.

Monday, January 26th 2015 - 08:34 UTC

Brazil supportive of Mercosur “as long as it does not turn into a burden”

“Mercosur must ensure freedom to its members to negotiate with other parties and must not become a burden” said Agriculture minister Abreu

Brazil is ready to preserve the advances achieved by Mercosur but as long as the block does not turn into 'a burden' when it comes to negotiate trade agreements with third parties, according to Agriculture minister Katia Abreu.

Friday, January 16th 2015 - 06:49 UTC

Bilateral trade between Mercosur main partners dropped 21.2% in 2014

The poor performance of the auto industry had an impact for both countries and their complementation

Bilateral trade between Mercosur two main partners, Brazil and Argentina (first and third largest economies in Latin America) dropped 21.2% last year and with a 139 million dollars deficit for Argentina, according to the Argentine Commerce Chamber, CAC.

Tuesday, December 30th 2014 - 07:44 UTC

Argentine Senate passes China deals, Parlasur elections bills

Chinese President Xi Jinping signed the treaties with CFK in July

Victory Front pushes forward with two projects aimed at reshaping the scenario in view of next year's presidential campaign.

Thursday, December 18th 2014 - 04:45 UTC

Holdout funds, Malvinas: Mercosur presidents back Argentina

Heads of State of Mercosur full and associate member countries expressed full support to Argentina and Venezuela on Wednesday in Parana.

Full support also expressed for Venezuela against sanctions from the administration of United States President Barack Obama.

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