Brazil and Uruguay's plan for a more 'flexible' Mercosur to speed negotiations for an encompassing long delayed trade agreement with the European Union have stumbled with the first official reaction from Argentina, which does not agree with the tariffs' proposals policy or individual trade initiatives from member countries.
Uruguay will be hosting Paraguayan president Horacio Cartes in early June when he is expected to confirm' his country's support to Uruguay and Brazil in their renewed approach to accelerate negotiations for the signing of a full cooperation and free trade agreement with the European Union, which were started fifteen years ago.
President Obama is looking to travel to Cuba’s capitol city of Havana before his tenure ends, White Press Secretary Josh Earnest told reporters Thursday, the same day a Florida bank announced that the State Department has given them permission to make diplomatic transactions between the two nations.
Uruguayan president Tabare Vazquez said it was “urgent and necessary” to redesign Mercosur so as to give its members greater 'trade flexibility'. Vazquez made the statements following Thursday meeting with his peer Dilma Rousseff in Brasilia and underlined “it would be naive to admit that Mercosur as it stands currently, is satisfactory”.
Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.
Mercosur countries have reached a basic consensus to look for mechanisms that will allow individual members to negotiate trade agreements outside the block, announced Uruguay's foreign minister Rodolfo Nin Novoa, who has been leading a strong campaign (with Brazilian support) on the issue.
The Inter-American Development Bank (IDB) continues to support the expansion of renewable energy in Uruguay through two financial packages, totaling 216 million dollars, which were approved for the private sector to finance part of the construction of the Colonia Airas and Valentines wind farms and their related works.
Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group's members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the 'consensus' clause clamp.
Uruguay Sunday's department and municipal elections resulted mostly as forecasted with no major surprises, and as advanced by MP 9 May, in the capital Montevideo, with half the country's electorate, the two promising candidates have effectively been the elected mayor, Daniel Martinez and Edgardo Novick, a successful businessman and non political figure, who now becomes head of the opposition.
On Sunday May 10, Uruguay is holding county and municipal elections with 2.6 million eligible voters (out of a population of 3.3m) in an event which will be more centered on local issues and thus will not necessarily replicate the absolute majority vote of the ruling coalition in last October/November presidential and legislative election.