A £55.7 million contract to upgrade infrastructure at MPA, in the Falkland Islands was signed this week between Southampton based Trant Engineering Ltd and the UK Defense Infrastructure Organization (DIO).
British Trade and Investment Minister, Lord Price, leads the UK’s first trade mission to Argentina in ten years, which arrived in Buenos Aires on Thursday. The mission looks to strengthen trade and investment relations with the third largest economy of Latin America.
European farmers took to the streets of Dublin outside the EU Commission offices to highlight the potential “sellout” of the multi-billion-euro beef industry in trade talks with Mercosur. Concerns have been rising over discussions at EU level over the impact a deal with Mercosur would have on Ireland's €2.5bn beef industry, which depends on EU markets for over 90% of its exports.
The Irish Cattle and Sheep Farmers’ Association (ICSA) is to protest on Wednesday May 4, in Dublin against the proposed Mercosur and TTIP trade deals. The protest will take place outside the offices of the European Commission in the Irish capital.
Brussels must do more to help producers ride out the slump in agricultural commodity prices, European farm leaders have warned. Immediate solutions were needed to tackle the “unprecedented” crisis that had hit agricultural markets, said European farm umbrella organization Copa-Cogeca.
President Dilma Rousseff lost a crucial impeachment vote in Brazil’s lower house on Sunday evening, making her removal ever more likely and deepening the country’s political crisis. Rousseff’s opponents easily obtained the two-thirds majority of votes in the 513-member Chamber of Deputies needed to pass the impeachment measure.
Despite growing optimism among Mercosur member countries of reaching a trade agreement with the European Union, Argentine minister of foreign affairs Susana Malcorra has cautioned that the road ahead is not a bed of roses, and the coming exchange of goods and tariff reduction proposals will not satisfy any of the two sides, but that is where serious discussions begin.
President Dilma Rousseff is scheduled to address Brazil on national television Friday evening, the same day that Congress started a three-day debate to decide whether there are enough arguments to begin the impeachment process that could lead to her removal from office. She is charged with manipulating budget accounts that helped her government present balanced accounts for the 2014 presidential elections.
The first reactions to the announced Mercosur-European trade deal and exchange of proposals next week have surfaced. The Ulster Farmers’ Union president, Ian Marshall, says the European Union trade deal on offer to Mercosur countries is an ‘unacceptable risk’ to the livelihoods of farmers in Northern Ireland.
The European Union Trade Commissioner Cecilia Malmström and Rodolfo Nin Novoa, Foreign Minister of Uruguay, which currently holds the rotating presidency of the South American trading bloc Mercosur, agreed on Friday in Brussels on the next steps in the negotiations on an EU-Mercosur trade agreement.