Argentina and Brazil agreed Wednesday the incorporation of a Competition Adaptation Mechanism, MAC, to regulate bilateral trade including provisions for protecting local industries, particularly in the case of Argentina.
Argentina experienced a trade surplus of 11.322 billion US dollars in 2005, higher than expected, but 6.46% below 2004 reported the Institute of Statistics and Census.
Venezuela's ruling party anticipates a landslide victory in next December's presidential election with over 10 million votes, equivalent to two thirds of the official electoral registry, said the Fifth Republic Movement (MVR) leader, William Lara.
A Brazilian congressional committee began Wednesday contacts with neighbouring Mercosur members and Suriname to request frontal action against arms trafficking following reports of weapons flowing to Brazilian organized crime.
Former Federal Reserve chairman Alan Greenspan has agreed to become an honorary adviser to the United Kingdom Treasury, announced British Chancellor Gordon Brown.
The controversy over two pulp mills being built in the Uruguayan side of the river that acts as a natural border with Argentina, and environmentalist groups' actions blocking routes and bridges leading to Uruguay to protest the project, will be taken to Mercosur's consideration.