Colombia’s former Foreign Minister, María Emma Mejía, was appointed Monday as the new Secretary General to the Union of South American Nations (UNASUR) in a ceremony in Georgetown hosted by Guyanese President Bharrat Jagdeo.
Argentines are no longer the king ‘beef-consumers’ with the average 63.3 kilos per person per year in the 2003/2010 period falling to 46.7 kilos in the first quarter of this year, according to Economia & Regiones private consultancy report.
Trade among the two leading Mercosur partners reached 11.7 billion US dollars during the first four months of the year with Argentine exports to Brazil reaching a record 5.2 billion USD. This is 29% higher than in 2010 and 23% above the 2008 record year.
Argentina has assured India of reviewing a ban on imported pharmaceutical products and announced the purchase of drugs worth 150-200 million US dollars from Indian firms, a statement said Wednesday.
Bilateral negotiations for a trade agreement between Mercosur and European Union delegates are scheduled to resume Tuesday in Asunción, Paraguay.
European farmers insisted Monday before the European Parliament on the “catastrophic impact” that a trade agreement with Mercosur could have for the EU agriculture.
A week before the next round of negotiations for an ambitious association and trade agreement between the European Union and Mercosur, a paper from the EU Joint Research Study centre, JRS, quantifies the alleged losses of such a deal for European farmers.
While for the Venezuelan government Mercosur has become the main priority following its recent exit from the Community of Andean Nations, CAN, the country’s private sector claims it is the worst moment possible for such a move.
Argentina said on Wednesday it will restrict foreign ownership of farmland. President Cristina Fernández de Kirchner made the announcement during a televised speech at Government House saying she was sending a bill to Congress which will cap land ownership for foreigners.
A top level Indian business delegation headed by Minister of state for Commerce and Industry Jyotiraditya Scindia is travelling to Argentina and Uruguay to boost ties with Mercosur, according to the Indo-Asian news agency.