Tag: Mercosur

Mercosur
Wednesday, October 15th 2014 - 08:53 UTC

Chile convinced of the Mercosur/Pacific Alliance 'convergence' led by Brazil

“Convergence in diversity”, argued Rebolledo who is participating in bilateral trade and economic affairs meeting between Chile and Brazil

Chile is confident that in coming months there will be 'significant' advances in a convergence of the Pacific Alliance and Mercosur, said Andres Rebolledo, Chile's Deputy Trade minister during a visit to Brazil.

Monday, October 13th 2014 - 00:20 UTC

Neves pledges a deep reform of Mercosur and opening to the world, if he wins

Trade expert Rubens said Neves will propose reforms and will not accept Mercosur members ignoring rules or regulations

Deep reforms and opening Mercosur to the world will be proposed by opposition candidate Aecio Neves to the other full members, if finally he is elected to lead Brazil in the 26 October runoff against president Dilma Rousseff, said Rubens Barbosa a trade expert, former ambassador in the US and currently coordinator of the opposition government program.

Friday, October 10th 2014 - 05:01 UTC

Latam headed for a third year of foreign trade stagnation, reports ECLAC

“The regional market is key to developing value chains in Latin America and the Caribbean”, argues ECLAC secretary Barcena

Latin America and the Caribbean's foreign trade will experience its third year of stagnation in 2014, because of minimal growth in exports and a slight decline in imports, the Economic Commission for Latin America and the Caribbean (ECLAC) reported on Thursday.

Thursday, October 9th 2014 - 06:08 UTC

Mercosur finally agrees: unified number plates for new cars beginning 2016

Timerman and other officials hold the enlarged prototype of the Mercosur cars' number plate

The five full members of the Mercosur trade bloc will use unified number plates for their 0km vehicles starting in 2016, Argentine Foreign Minister Hector Timerman announced on Wednesday from San Martín Palace in Buenos Aires city.

Tuesday, October 7th 2014 - 06:16 UTC

Ambassador Castro criticizes 'holdouts' and thanks UK unions' support for Argentina

“Trade unions the world over condemn this ruthless profiteering strategy led by the vulture funds that aim to undermine our economy”, said Ms Castro

Argentine ambassador in the United Kingdom, Alicia Castro has fiercely criticized the conduct of holdout investors and thanked UK unions for their support in the dispute with 'vulture funds', during an address to the British umbrella trade union UNITE.

Saturday, October 4th 2014 - 08:25 UTC

Pacific Alliance and Mercosur will attempt convergence, sponsored by Chile

“At this stage it is not realistic to think about a tariffs and regulations convergence, given the existing differences”, admitted minister Muñoz.

A first meeting to assess opportunities for accords between the Alliance of the Pacific and Mercosur will take place next November in Santiago de Chile confirmed, confirmed Chilean foreign minister Heraldo Muñoz.

Monday, September 29th 2014 - 09:22 UTC

Venezuela's Bolivar hits a record low of 100 to the US dollar

The sinking rate of the Mercosur member's currency on what is known as the “parallel” currency market has been a major headache for President Maduro

Venezuela's Bolivar currency hit a record low 100 to the U.S. dollar on the black market on Friday, making the dollar 16 times more expensive than the strongest official rate, according to a website that tracks it.

Monday, September 29th 2014 - 08:47 UTC

Opening the economy “would be a disaster for Brazilian industry” states Rousseff minister

Trade minister Mauro Borges warned about the 'mexicanization' with 'maquiladoras' of the Brazilian economy

Anticipating what could be policy under a second government of President Dilma Rousseff, her Trade Minister Mauro Borges told Brazilian daily Folha do Sao Paulo that opening the country to more foreign trade would be a “disaster for Brazilian industry” and lead to the “mexicanization” of the economy, in reference to the light assembly factories known as “maquiladoras” that dominate Mexico’s non-oil exports.

Friday, September 19th 2014 - 07:28 UTC

EU hopeful the free trade accord with Mercosur will be reached next year

“We expect the Mercosur proposal on tariffs reduction will be on terms agreed back in 2010” said Fernandez Trigo

Once the EU and Mercosur exchange their proposals for a free trade agreement, negotiations will 'move fast' and the deal should be closed sometime in 2015, according to EU ambassador in Montevideo, Juan Fernandez Trigo. But he also pointed out that he expected Mercosur proposal to be in accordance with terms established in 2010.

Tuesday, September 16th 2014 - 05:28 UTC

Mercosur/Pacific Alliance foreign ministers plan to meet in Chile in November

“Mercosur must look outwards and stop looking at its belly button”, said Loizaga on announcing the meeting.

Foreign affairs ministers from Mercosur and the Pacific Alliance will be meeting next 24 November in Santiago de Chile to explore a possible integration between the two blocks according to Paraguay's foreign minister Eladio Loizaga.

Advertisement

Get Email News Reports!

Get our news right on your inbox.
Subscribe Now!

Advertisement