Mercosur

Wednesday, August 16th 2023 - 11:22 UTC
Sanguinetti underlines Peña's position on Mercosur

Two-time former Uruguayan President Julio María Sanguinetti Tuesday praised Paraguayan President Santiago Peña's stance regarding the Southern Common Market (Mercosur), which would need a major overhaul. Paraguay, a major world food producer but landlocked, is a member of Mercosur along with Argentina, Brazil, and Uruguay.
Tuesday, August 15th 2023 - 10:48 UTC
Paraguay: Peña ready to be sworn in as President

Economist Santiago Peña of the National Republican Assembly (ANR) also known as the Colorado Party is to be sworn in Tuesday as Paraguay's new head of state during a ceremony in Asunción which will be attended by several former and current Latin American leaders such as Argentina's Alberto Fernández; Brazil's Luiz Inácio Lula Da Silva and Uruguay's Luis Lacalle Pou, Chile's Gabriel Boric Font and Bolivia's Luis Arce Catacora.
Tuesday, August 15th 2023 - 10:19 UTC
Lula visits Lugo ahead of Peña's inauguration

Brazilian President Luiz Inácio Lula da Silva Monday visited former Paraguayan head of state Fernando Lugo while in Asunción for Santiago Peña's inauguration Tuesday.
Tuesday, August 15th 2023 - 10:15 UTC
Paraguay’s new President wants change at home and abroad

By Julieta Heduvan (*) – Santiago Peña assumes Paraguay’s presidency this Tuesday August 15 with a number of advantages, including a supportive Congress. But he faces also numerous challenges, as he tries to unite his party, manage the influence of his political mentor—businessman and former President Horacio Cartes—and handle international negotiations, from the Itaipú accord to U.S. sanctions against Paraguayan politicians.
Friday, August 11th 2023 - 11:48 UTC
“EU approach on trade accord with Mercosur is simply unacceptable,” Paraguayan President elect Peña

Paraguay President-elect Santiago Peña has said that Mercosur and the European Union should put on hold talks over a free trade agreement since the current environmental demands from the EU are “unacceptable.”
Thursday, August 10th 2023 - 10:49 UTC
Uruguayan orange producers said to be retaining cheap Argentine labor

Agricultural producers in the Salto area have been reported to hire Argentine labor from Concordia just across the border and pay them three times less than they would local workers, Uruguay's National Union of Salaried, Rural, and Related Workers (Unión Nacional de Asalariados, Trabajadores Rurales y Afines - Unatra) denounced.
Wednesday, August 9th 2023 - 10:26 UTC
Brazil questions Argentina charging tolls on Paraná Waterway

Brazil's Foreign Ministry Tuesday said Argentina charging tolls since the beginning of the year to barges sailing along the Paraguay-Paraná Waterway had affected other countries in the region and questioned the legality of the one-sided measure, Agência Brasil reported.
Monday, August 7th 2023 - 10:07 UTC
Turmoil in global rice market as India, Thailand and Vietnam limit exports

Mercosur country members have been receiving requests for supplies of rice as the cereal price has seen a sharp surge in recent months as major Asian producers curtail their trade and supplies. This could impact millions of consumers around the world, with Asian and African countries expected to bear the brunt.
Saturday, August 5th 2023 - 10:50 UTC
Singapore interested in sealing trade accord with Mercosur and in the Port of Santos concession

The government of city-state Singapore, in Southeast Asia, intends to participate in the concession process for Brazil's largest terminal, the Port of Santos (SP), as part of the greater trade negotiation with the Mercosur block.
Tuesday, August 1st 2023 - 12:19 UTC
Brazil dominates increasing share of China's soybean market

The world’s soybean market is dominated by one major buyer: China, and for years, Mercosur's leading member Brazil has taken an increasingly bigger share of that trade away from the US. So much so that Brazilian shippers are even starting to dominate during the typical season lull.