Tag: Mercosur

Tuesday, August 7th 2012 - 20:14 UTC
Mercosur has only benefited Brazil in the last ten years with a surplus of 36.8bn

Brazil is the only country that in the last ten years has benefited from Mercosur with an intra-zone trade surplus of 36.8 billion dollars while the other three full members, Argentina, Uruguay and Paraguay have accumulated huge deficits in the same period, according to Argentine economist Orlando Ferreres a regular columnist from La Nacion with graduate studies in Harvard.
Monday, August 6th 2012 - 08:23 UTC
Mercosur economic performance expected to lag behind Andean countries in 2012

Argentina and Brazil will experience an economic slowdown this year compared to 2011, while Paraguay, punished by drought and an outbreak of foot and mouth disease, will have the worst performance in Latin America, and Peru the best, according to the Argentine consultants Ecolatina
Monday, August 6th 2012 - 08:07 UTC
Ex-president says inclusion of Venezuela in Mercosur is “favourable for Uruguay”

Former president Jorge Batlle (2000/2005) said that the inclusion of Venezuela in Mercosur “is favourable for Uruguay” but at the same time insisted it was “wrongly done” for not having taken into account Paraguay’s opposition currently suspended as member of the regional block.
Monday, August 6th 2012 - 07:56 UTC
Ecuador negotiation to join Mercosur as full member begin next month

Mercosur will officially begin negotiation with Mercosur for its inclusion as full member in September announced the Brazilian news agency, ABR on Sunday. The meeting is scheduled for September 15 when the incorporation preliminaries will be addressed.
Friday, August 3rd 2012 - 08:20 UTC
Chavez claims Paraguayan senators tried to blackmail him to vote for Venezuela in Mercosur

President Hugo Chavez said that the incorporation of Venezuela to Mercosur was “exemplary” because it never yielded to “blackmail” from the Paraguayan extreme right and revealed that he met with Paraguayan Senator Lino Oviedo, considered the mastermind behind those attempts.
Thursday, August 2nd 2012 - 07:38 UTC
Paraguay urges OAS to take a position on the country’s situation

Paraguay urged the Organization of American States, OAS, on Wednesday to say whether it will be taking measures or not against the country following the removal of Fernando Lugo from the presidency, a political incident that has reverberated in the whole continent.
Thursday, August 2nd 2012 - 06:25 UTC
Uruguay industries lobby questions the growing “political” predominance in Mercosur

The ‘new’ Mercosur with Venezuela as a full member reinforces the regional block as a forum of ‘political understanding’ and no longer as an integration process ruled by international law.
Wednesday, August 1st 2012 - 19:37 UTC
Venezuela’s Mercosur membership “null and void” says Paraguayan government

The Paraguayan government declared “illegal” and “null and void” the inclusion of Venezuela as a full member of Mercosur which was agreed on Tuesday during the extraordinary meeting held in Brasilia with the absence of Paraguay.
Wednesday, August 1st 2012 - 08:08 UTC
Dilma welcomes President Chavez to the world’s fifth economy

Brazilian president DIlma Rousseff said that with the incorporation of Venezuela, Mercosur has become a global power in food and energy and becomes the fifth world economy with a GDP of 3.3tn dollars.
Wednesday, August 1st 2012 - 08:03 UTC
US government ‘sovereign right’ blessing to Venezuela’s inclusion in Mercosur

The US government said that Venezuela as any other country has the “sovereign right” to join regional organizations such as Mercosur. The statement from the US State Department comes on the day that Mercosur officially incorporated Venezuela as full member of the block.