Uruguayan president Jose Mujica said that Mercosur “is not moving forward or backwards” but is certainly working much better than the European Union where old experienced nations “made a mess of it”. Nevertheless, Uruguay will not stay put “licking its wounds”, it will look for other trade links. Read full article
Comments
Disclaimer & comment rulesA very interesting article.
Nov 17th, 2011 - 01:56 pm - Link - Report abuse 0“Uruguay must play its own game; we’re not a gossipy country or on its knees pleasing ‘gringos’ but we are also determined not to be the country that pays the bill, lest because of standing up for others we end not defending the basic interests of Uruguay”, pointed out Mujica.
Quite so. Uruguay must put Uruguay first because they cannot continue to rely on their bigger neighbour for support as times get tougher. I have always thought the countries that are associate members have the best option.
I do wonder if Mujica understands the difference between the EU and the Eurozone? There at least one country in Mercosur renowned for falsifying figures and not adhering to agreements.
Their Northern Neighbour is known for not keeping promises to it's own people let alone promises made to others. Brasil can not play high and mighty when they have politicals facing new corruption allegations every week. Brasil needs to clean up it's own backyard first.
Nov 17th, 2011 - 07:02 pm - Link - Report abuse 0I think the southern neighbour has even greater problems with veracity of government statements and the undermining of Uruguay whenever it can.
Nov 18th, 2011 - 05:45 pm - Link - Report abuse 0The latest refusal by Argentina to even exchange its own Pesos spent by its own people on holiday in Uruguay is beyond belief. When a country does not recognise its own currency they must be on the slippery slope to monetary oblivion.
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