Tag: trade

• Saturday, May 15th 2010 - 04:44 UTC

  Brazil Furious with Argentine “Scare Practices” Threatens Trade Retaliation

  

  Brazil is seriously considering retaliation against Argentina for new rules restricting food imports which allegedly compete directly with Argentine production. EU ambassadors in Buenos Aires made a similar presentation before the Argentine congress earlier this week.

• Saturday, May 15th 2010 - 04:04 UTC

  Russia Ratifies Interest in Latam; Plans for Nuclear Power and Military Sales

  

  Russia is planning to strengthen its relations with 61 countries worldwide, including Chile. It is exploring options in Latin America for the development of nuclear power and military sales, a document from its ministry of foreign affairs stated this week.

• Friday, May 14th 2010 - 03:17 UTC

  EU Ambassadors Take Trade Restrictions Protest to Argentine Congress

  

  While the Argentine government remained silent, European Union country ambassadors showed up at the Argentine Congress Thursday in order to protest against food import restrictions. The ambassadors, however, saved their criticisms and instead spoke in a conciliatory tone before the Lower House Foreign Affairs Committee, although they did not hide their “growing worry.”

• Thursday, May 13th 2010 - 21:17 UTC

  EU Confirms Re-Launching of Trade Talks with Mercosur at Madrid Summit

  

  The European Union and Mercosur will officially re-launch negotiations for a trade and cooperation agreement they have been discussing since 1999 in the coming Madrid summit, in spite of fears about their farm sectors from several European countries, said the EU representative for Paraguay and Uruguay.

• Thursday, May 13th 2010 - 11:09 UTC

  Ten “Grumpy” Countries Challenge Resumption of EU/Mercosur Trade Talks

  

  Ten European countries, fearing the impact on agriculture, are openly challenging the EU decision to resume trade talks with Mercosur which is to be officially announced next Monday when the opening of the Latin America, the Caribbean and the European Union Summit in Spain.

• Thursday, May 13th 2010 - 10:47 UTC

  US Corn Futures Rise to Two-Month High on Mounting Demand from China

  

  Corn futures rose to a two-month high on mounting demand from China, the world’s second-biggest consumer.

• Thursday, May 13th 2010 - 10:34 UTC

  US Trade Deficit Jumps in March with Imports Underlining Recovery

  

  United States trade deficit rose to a 15-month high in March as rising imports underlined the economy's recovery. Figures from the Commerce Department showed the gap between imports and exports rose 2.5% to 40.4 billion US dollars.

• Thursday, May 13th 2010 - 10:27 UTC

  EU Calls on Argentina Not to Restrict Food Imports

  

  The European Union asked Argentina not to restrict food imports, which was reported by manufacturers and producers. Manufacturing sources said that restrictions began being applied in the last few days on products that are also elaborated locally, in a non-written measure that primarily affects the EU and Brazil.

• Tuesday, May 11th 2010 - 21:52 UTC

  Brazilian Rice Farmers Lobbying for Higher Mercosur Common External Tariff

  

  Mercosur rice planters will be meeting to decide a Brazilian proposal to increase the common external tariff thus preventing the introduction of rice from third countries, precisely this year when Brazil’s crop is expected to be below average.

• Tuesday, May 11th 2010 - 16:29 UTC

  EU “Grumpy” Seven Led by France Against Trade Talks with Mercosur

  

  France and six other countries expressed concern before the European Union about the competition consequences for the farm sector in the event of an agreement with Mercosur.