Ecuador has reiterated its intention of joining Mercosur but this needs to be compatible with the rules from the Community of Andean Nations, CAN, (to which it now belongs) said Ecuadorean ambassador Horacio Sevilla Borja.
New Zealand's first branded lamb shipment to Brazil is scheduled to arrive at the port of Santos in the middle of next month and be available at 120 stores in Sao Paulo and to diners in restaurants and hotels throughout the country.
Uruguay needs “new markets and new partners” and must try to diversify trade with the largest possible number of agreements to make Mercosur more flexible and anticipate the current process in Argentina, said President Jose Mujica.
For consular purposes the Uruguayan Foreign Affairs ministry refers to the Malvinas Islands, which are claimed by Argentina with the support of Mercosur members, as the “dependent territory” of the “Islas Falklands”.
Uruguay's central bank unveiled measures on Wednesday aimed at cooling the local Peso's appreciation by discouraging foreign investment in the bank's short-term debt. To combat the Peso's rise, officials ordered that 40% of new foreign capital invested in central bank bills be frozen in an account at the central bank.
Unasur ratified on Tuesday Paraguay’s suspension from the block at a meeting of the so called High Level Group in Lima, Peru which assessed the situation of the landlocked country.
Uruguayan president Jose Mujica approval plummeted to 39% in July, the lowest since taking office among other reasons for his plan to de-criminalize marihuana and his handling of the controversy with Argentina, according to the latest public opinion poll made public this week.
Mercosur farmers in Brazil and Argentina are forecast to plant more soybeans for harvesting this season in response to higher prices, at the expense of wheat and corn sowing, according to Oil World. Paraguay and Uruguay Agriculture ministries have also anticipated an increase in the soybeans planted areas.
Foreign Minister Hector Timerman said that Argentina “is ready to sign” the deep dredging of the River Plane access canal Martin Garcia but warned that before doubts generated by Uruguay’s National Auditing Office regarding the performance of dredgers’ Riovía during the tender process, must be resolved.
Uruguay will continue “to look after” Mercosur in spite of the strong diplomatic discrepancies with Argentina, but will also continue with an interest in participating in other trade blocks of the region, said President Jose Mujica.