Uruguay will reject a Brazilian proposal to create a Mercosur High Court of Justice and grant more powers to the regional parliament when the Mercosur summit meets next Thursday and Friday in Paraguay. Uruguay also anticipated it would make a strong claim regarding the trade barriers imposed by Mercosur senior members, Argentina and Brazil. Read full article
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Disclaimer & comment rulesI have a hard time understanding what is the point of MERCOSUL/R in this day and age. Argentina won't allow goods to flow through its border with Uruguay, it imposes tariffs on Brazilian products, it imposes tariffs on Uruguayan products, and it keeps pushing for Chavez to join which will be undoing once and for all of MERCOSUL/R. The best Brazilian and Uruguayan option is to leave MERCOSUL/R and associate itself with Chile, Peru, and Colombia in the Comunidad Andina, those are the only other countries in the continent that are interested in trade, responsible economics, and progress.
Jul 27th, 2009 - 08:29 pm - Link - Report abuse 0Commenting for this story is now closed.
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