Although Brazilian president Jair Bolsonaro is not attending the Mercosur summit in Paraguay, his administration continues with its policy of unilaterally reducing the common external tariff. In this case Brazil's Foreign Trade Chamber Executive Committee approved the reduction of import tariffs on thirteen items, including medicines, medical equipment, printing ink and polypropylene resin. Tariffs were cut to zero or reduced to 2%, from 2% and 6,5%.
The Port of Rio Grande in the Brazilian southernmost state of Rio Grande do sul, will have continuous dredging of its access channel. The decision follows strong long-standing demand from operators and the fact that the main maritime port terminal in the state of Rio Grande do Sul also has close links with the three other Mercosur member countries, Paraguay, Argentina and Uruguay.
The unofficial exchange rate between the local peso and the US dollar most commonly used by Argentines, also referred to as “blue,” Tuesday crossed the iconic AR$ 300, reaching an all-time high.
The Falkland Islands Tourist Board has released its July newsletter in which it gives an update of what everybody is expecting to be a great summer season after a hiatus of two years because of the pandemic.
Josep Borrell, the European Union's top diplomat, has said Latin America would host a CELAC meeting sometime next year, but admitted that ratifying the 2019 trade agreement with Mercosur was “a more complicated issue.”
A decommissioned Hercules C 130 from the Argentine Air Force and which was involved in combat, transport, surveillance, and supply operations during the Falkland Islands war has arrived at Pilar, a city in the province of Buenos Aires, where there is a monument to the fallen during the 1982 conflict.
Brazilian President Jair Bolsonaro summoned some 40 foreign ambassadors to his Brasilia residence Monday. During the event, he gave yet another speech on the alleged cracks of the country's electronic voting system.
Paraguay and Costa Rica were among the world's leading countries generating electricity from renewable sources, according to a report by the Latin American Energy Organization (Olade) published Tuesday.
Argentine Vice President Cristina Fernández de Kirchner (CFK) Tuesday released a video on social media underlining the reasons why in her view the country's Judiciary needed major reforms.
Brazil, one of the world's largest exporters of beef is diversifying markets since its sales are concentrated in China and Hong Kong, a situation very similar to that of neighboring Mercosur partners, Uruguay and Argentina.