Stories for July 2nd 2025

Wednesday, July 2nd 2025 - 23:34 UTC
Mercosur-EFTA FTA announced in Buenos Aires

The Southern Common Market's (Mercosur) Summit in Buenos Aires kicked off Wednesday with the announcement by Argentina, Brazil, Paraguay, and Uruguay of a Free Trade Agreement (FTA) finalized with the European Free Trade Association (EFTA - Iceland, Liechtenstein, Norway, and Switzerland). The documents are to be signed in the coming months.
Wednesday, July 2nd 2025 - 19:59 UTC
Court allows CFK to receive Lula's visit

Buenos Aires Judge Jorge Gorini Wednesday acquiesced to a request from former President Cristina Fernández de Kirchner's (CFK) legal team and authorized former Brazilian President Luiz Inácio Lula da Silva to visit her Thursday at the apartment where she is serving a six-year sentence for corruption under house arrest.
Wednesday, July 2nd 2025 - 17:22 UTC
UK and Falklands waiting for Argentina to make good on commitments, fisheries cooperation and flight from Brazil

Despite an overwhelming support for Argentina’s sovereignty claim over the Falkland Islands during the recent OAS annual assembly at Antigua and Barbuda, the UK Minister for Latin America and Caribbean, Baroness Chapman, pointed to the importance of relationships with friends and allies across the Americas, and is particular with Argentina.
Wednesday, July 2nd 2025 - 15:07 UTC
Mercosur widens list of external tariff-free goods

The Southern Common Market (Mercosur) countries will be allowed to add 50 product types to the bloc's common external tariff-free items, per an agreement signed in Montevideo.
Wednesday, July 2nd 2025 - 10:55 UTC
Bi-oceanic corridor feared to hamper Montevideo Port's future

Uruguayan National Port Administration's (ANP) representative at the River Plate Basin Terminal (TCP), Jorge Pozzi, raised concerns Tuesday during a radio interview about the future of Montevideo's port. In his view, the proposed Pacific-Atlantic bioceanic corridor, connecting Brazil with Chile or Peru, could bypass Uruguay entirely, significantly impacting its system, economy, and thousands of workers.
Wednesday, July 2nd 2025 - 10:37 UTC
Bolivia's Central Bank boasts growing reserves

The Central Bank of Bolivia (BCB) announced this week that its net international reserves (NIR) have continued to grow, reaching US$2.807 billion by the end of June 2025. This represents an increase of US$830 million since December 2024, and a nearly US$200 million increase in the last two months alone.
Wednesday, July 2nd 2025 - 10:33 UTC
Group of Argentine Governors signs key environmental agreement

During the 5th World Circular Economy Summit and 1st International Climate Conference in Córdoba, governors from several Argentine provinces signed a landmark agreement ahead of COP30 (to be held in Brazil in 2025) to protect biodiversity, accelerate a shift to a circular economy, and ensure a fair and equitable energy transition.
Wednesday, July 2nd 2025 - 10:29 UTC
Paraguayan President outlines his administration's achievements

Paraguayan President Santiago Peña delivered his second management report to Congress, highlighting his administration's achievements over the past two years in areas like education, health, infrastructure, security, and social development.
Wednesday, July 2nd 2025 - 10:26 UTC
Waterway users support ongoing bidding process

Major business users of the Paraná-Paraguay Waterway (agro-exporters, industrialists, and port operators) have issued a joint statement supporting the Argentine government's bidding process for a private operator of the Trunk Waterway. They urge all stakeholders to channel their proposals, including those related to tariffs and environmental impact, through the established technical dialogue tables to avoid hindering consensus.
Wednesday, July 2nd 2025 - 10:20 UTC
Cabello outlines scope of antiterrorist operations

Venezuelan Interior Minister Diosdado Cabello on Tuesday reported on new alleged terrorist plots by the “far right” in collusion with drug traffickers and foreign agents. He asserted that this was a single, coordinated conspiracy, which had been thwarted through arrests across several states, including judges, mayors, and police officers.