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.
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.
Victory Front pushes forward with two projects aimed at reshaping the scenario in view of next year's presidential campaign.
Full support also expressed for Venezuela against sanctions from the administration of United States President Barack Obama.
Evo Morales, Governor Urribarri play football - New Intelligence boss appointed.
Mercosur must discipline and return to its origin as a customs union since it has become a 'straitjacket' for negotiations with other regional blocks, according to Lia Valls, foreign trade coordinator at the Brazilian Economics Institute belonging to the prestigious thinktank Getulio Vargas foundation.
Latin America 'unfortunately' has a very low participation in world trade which is a major challenge for the region, according to Gonzalo Rodriguez, member of Mercosur technical staff, who was one of several speakers at the preamble of Unasur summit.
Argentine media is reporting that HMS Dragon, Type 45 destroyer and one of the most modern vessels in the Royal Navy is currently in Valparaiso, Chile attending the Exponaval 2014, one of the main naval and maritime exhibition events in the Southern hemisphere.
Argentine Cabinet chief Jorge Capitanich denied that a bill to choose the members of Mercosur Parliament (Parlasur) through popular vote had a hidden agenda for granting immunity for President Cristina Fernandez after 2015, as was denounced by Buenos Aires Clarin newspaper.
European Union and Mercosur representatives analyzed the current state of negotiations for an association and free trade agreement but could not establish a date for the exchange of new proposals because the European Commission has yet not concluded the consultation process with member states to harmonize its proposal.