On the eve of Thursday's Mercosur summit, Uruguay informed its partners that it will proceed with negotiations, expecting to reach trade agreements with third parties or blocks, outside of the four founding members group. Read full article
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When a company decides to invest in a small country like Uruguay, it is thinking about reaching a much larger consumer market, Mercosul. As soon as the trade bloc weakens, investors will think twice about immobilizing their money in Uruguay, precisely because of fear that Mercosul will dissolve.Jul 08th, 2021 - 11:31 am - Link - Report abuse 0
Furthermore, there is a risk that investments that have already started may suffer a break in continuity, be halted or reduced, given the uncertainties of trade policies.
Brazil's occupying government just wants an excuse to extinguish Mercosur and turn its back on South America.
For now the US Empire seems to be winning.