Mercosur

• Tuesday, February 24th 2015 - 04:52 UTC

  Argentina says Mujica's comments on Argentina's integration spirit are 'unfair'

  

  Argentina's Cabinet Chief Jorge Capitanich on Monday responded to Uruguay’s President José “Pepe” Mujica, who accused Argentina of “forgetting about integration” when things go right for the country, saying the statement was “unfair” given Argentina’s role in the “foundation” of regional integration.

• Tuesday, February 17th 2015 - 19:30 UTC

  “EU tired of waiting” for Mercosur to sign a trade agreement; Paraguay a trusted partner

  

  The European Union is tired of waiting for Mercosur to sign a free trade agreement, according to a delegation of Euro members of Parliament visiting Paraguay, a country which they consider a trusted 'ally' in trying to establish closer links with Europe.

• Tuesday, February 17th 2015 - 19:24 UTC

  Mercosur intra-zone trade continues to slide; represents 14% for the block

  

  Trade among Mercosur partners contracted 12.3% during the third quarter of last year in annual terms, despite the fact overall trade of its members increased and despite the greater integration commitment of the group's original charter, points out the Argentine Chamber of Commerce

• Tuesday, February 17th 2015 - 05:13 UTC

  Brazil and Argentina agree accords signed with China will not affect Mercosur

  

  Brazilian foreign minister Mauro Vieira discarded that the recent agreements reached by Argentina with China can interfere with Mercosur, while his Argentine counterpart Hector Timerman said that the package of accords with Beijing will “actually benefit Mercosur”.

• Thursday, February 12th 2015 - 20:57 UTC

  Argentina and Brazil admit trade disagreements between Mercosur main partners

  

  Argentina and Brazil failed to reach an agreement to help unlock the ongoing tension between the two key Mercosur allies over bilateral trade. Argentina's Hector Timerman and his counterpart Mauro Vieira met in Buenos Aires to try and ease Brazil’s growing concerns about restrictions on the flow of goods, but any decisions were pushed forward to an undetermined date.

• Thursday, February 5th 2015 - 03:31 UTC

  China to supply Argentina five “Malvinas Class” offshore patrol vessels

  

  Argentine president Cristina Fernández de Kirchner is expected to sign agreements with China to increase military co-operation, including construction of new warships for the Argentine Navy, during her current state visit to Beijing, according to media reports and Jane's Defense Weekly.

• Thursday, February 5th 2015 - 03:26 UTC

  Uruguay with Pope's blessing to try new approach to human rights and disappeared persons issues

  

  Uruguay will be attempting a new approach to the human rights and disappeared persons issues, a still unfinished legacy from the military dictatorship, (1973/1984) and the decade of armed sedition which preceded the collapse of the country's democracy. The announcement is expected later this month and basically means replacing “truth and justice” for “truth and memory”, following to a certain extent the South African experience.

• Sunday, February 1st 2015 - 20:47 UTC

  'Mercosur does not exist': Uruguay should try a one to one deal with the Europe

  

  Mercosur does not exist; Uruguay is losing precious time and should try a one to one trade agreement with the European Union, according to Paul Riezler, president of the Euro-Chamber in Uruguay and of the Uruguay-Germany Commerce and Industry Chamber.

• Saturday, January 31st 2015 - 10:44 UTC

  Moody's downgrades Petrobras credit rating because of corruption scandal

  

  Moody's Investors Service has downgraded the credit rating of Brazil's state-owned oil company Petrobras because of the widening kickback-corruption scandal affecting the country's largest corporation.The credit rating agency announced its decision late Thursday in a statement posted on its website.

• Saturday, January 31st 2015 - 09:23 UTC

  Falklands/Malvinas: Celac summit, including Commonwealth members, support Argentina's 'legitimate' claims

  

  The Celac summit held in Costa Rica and which brings together all Latin American and Caribbean countries released a declaration expressing full support for Argentina's 'legitimate' rights over the Falklands/Malvinas, recalls that 2015 marks the 50th anniversary of Resolution 2065 (first UN Assembly General resolution on the Falklands dispute) and again call on the goods offices of Ban Ki-moon to help start negotiations on the Argentina/UK dispute.