Mercosur

• Thursday, May 8th 2025 - 10:55 UTC

  New German Chancellor wants EU-Mercosur deal expedited

  

  Germany's newly appointed Chancellor Friedrich Merz traveled on his first day in office to Paris and Warsaw to further push for European unity. With French President Emmanuel Macron he discussed bilateral ties, European security, US trade tariffs, and the Ukraine conflict. He also supported the EU-Mercosur trade agreement, despite France's reservations due to environmental concerns.

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• Thursday, May 8th 2025 - 08:34 UTC

  Former Paraguayan President welcomes Milei's Yacyretá tariff adjustment

  

  Former Paraguayan President and Yacyretá Binational Entity (EBY) Director Nicanor Duarte Frutos said Argentine President Javier Milei's decree adjusting the energy tariff from US$ 17 to US$ 28 per megawatt-hour (MWh) was the right thing to do and insisted that the measure did not violate any treaty. It rather establishes an effective charge for energy consumption to be paid by his country's National Electricity Administration (ANDE) and the Wholesale Electricity Market Administration Company (CAMMESA).

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• Wednesday, May 7th 2025 - 10:55 UTC

  Milei adjusts Yacyretá tariff ahead of new operating agreement

  

  Argentine President Javier Milei signed Decree No. 303/2025, authorizing a new Operating Agreement for the Yacyretá Hydroelectric Power Plant, a binational entity co-owned by Argentina and Paraguay. The agreement sets a tariff increase from US$17 to US$28 per megawatt-hour (MWh) to optimize supply, ensure financial stability, and support technological modernization

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• Monday, May 5th 2025 - 10:24 UTC

  Fully electric China Zorrilla ship launched in Australia

  

  The China Zorrilla, the world’s largest 100% electric ferry, was launched on May 2, 2025, at Incat’s shipyard in Hobart, Tasmania, Australia. Commissioned by Buquebus, the 130-meter vessel will connect Argentina and Uruguay across the River Plate, carrying up to 2,100 passengers and 225 vehicles. The vessel is due in Uruguay in the last quarter of 2025. It was the ninth unit Incat has built for Buquebus.

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• Saturday, May 3rd 2025 - 10:55 UTC

  Mercosur FMs pledge to deepen regional integration amid global trade challenges

  

  Foreign Ministers of the Southern Common Market (Mercosur)—namely Argentina, Bolivia, Brazil, Paraguay, and Uruguay—gathered Friday in Buenos Aires at the San Martín Palace to advance regional integration amid global trade changes. They focused on eliminating intra-zone trade barriers, strengthening regional value chains, harmonizing regulations, and enhancing physical and digital integration.

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• Thursday, May 1st 2025 - 10:59 UTC

  Workers' Day highlights ongoing challenges and digital shifts in Latin America

  

  As the world marks International Workers' Day on May 1st, Latin America reflects not only on the hard-won labor rights of the past but also on the urgent challenges of the digital age. Born from the 1886 Chicago protests demanding an eight-hour workday, the holiday honors the legacy of the “Haymarket Martyrs” and remains a symbol of the global struggle for fair labor conditions.

• Saturday, April 12th 2025 - 10:50 UTC

  Mercosur FMs agree to expand exceptions to CETs

  

  Southern Common Market (Mercosur) foreign ministers meeting in Buenos Aires on Friday agreed to temporarily expand the National List of Exceptions to the Common External Tariff by up to 50 codes per member state in response to global trade tensions, following US President Donald Trump's barrage of import surcharges.

• Thursday, April 10th 2025 - 08:59 UTC

  Milei and Peña get together in Asunción instead of going to Honduras

  

  Presidents Javier Milei of Argentina and Santiago Peña of Paraguay met Wednesday in Asunción to stress their shared commitment to economic freedom and deregulation as a path to prosperity. Their encounter took place at the same time most other heads of State convened in Tegucigalpa (Honduras) for the Celac Summit.

• Wednesday, April 9th 2025 - 08:04 UTC

  Mercosur forecasts excellent rice crop, but with India back in the market, prices are expected to fall

  

  Mercosur is expecting one of the best rice harvests of the last decade, and particularly in Uruguay (exporter of prime quality rice), yields of harvested fields are indicating possible new records. However Uruguay rice farmers are facing trade, price and logistics hurdles, according to farmer Karol Pinczak.

• Wednesday, April 9th 2025 - 07:36 UTC

  Strong global market for beef, but Argentina is not keeping pace with other main exporters, BCR report

  

  Argentina’s beef exports totaled 96,805 metric tons in the first two months of 2025, down 26.1% from the same period in 2024, according to a report from the Rosario Board of Trade BCR. This has meant that in terms of revenue, exports fell 3.8% year-over-year to US$474.5 million for January and February combined.