MercoPress, en Español

Montevideo, July 5th 2025 - 23:08 UTC

Mercosur

  • Wednesday, March 13th 2024 - 06:19 UTC

    Brazil's massive goods foreign trade is in US dollars but there are incipient deals in Euros and Reais

    In 2023, the US dollar maintained its dominance in Brazilian goods exports, totaling US$ 325.5 billion (95.84% of the total), with an 1.8% increase compared to 2022

    Brazil's foreign trade in goods, some US$ 640bn annually is done mostly in US dollars, some 95%, but there are some inroads to other currencies such as the Euro and its own Brazilian Reais. These figure come from an annual report on trade operations’ currency statements compiled by Brazil’s Foreign Trade Secretariat of the Ministry of Development, Industry, Trade, and Services (Secex-MDIC), and revealed last week.

  • Tuesday, March 12th 2024 - 18:35 UTC

    FTA negotiations between Japan and Mercosur to start next month, Paraguayan FM says

    Ramírez also admitted that Paraguay was looking for “opportunities of mutual interest to work with Japan”

    The South American Common Market (Mercosur) will start negotiating a Free Trade Agreement (FTA) with Japan next month, Paraguay's Foreign Minister Rubén Ramírez Lezcano acknowledged in an interview with the Nikkei economic newspaper. Paraguay currently holds the rotating presidency of the regional bloc.

  • Monday, March 11th 2024 - 11:04 UTC

    Paraguay, the best place in the region for business, says FGV

    Paraguay topped the FGV report while Argentina climbed significantly with the first measures announced by President Milei

    The Latin American Economic Climate Index (ICE) released this weekend by Brazil's Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for business ventures in the region given the country's outstanding performance.

  • Monday, March 11th 2024 - 10:56 UTC

    US to help Argentina handle the Paraná Waterway

    Ambassador Stanley, Benvenuto, González Botto, and McConnell signed the document

    Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).

  • Friday, March 8th 2024 - 10:44 UTC

    No backtracking on Rule 1115, EU envoy tells Paraguayan producers

    Pitto also said his trip was to “see the efforts” Paraguay was making to guarantee that its products” do not come from deforested land

    European Union (EU) Environment Commission envoy Emanuele Pitto told Paraguayan exporters Thursday in Asunción that there would be no turning back from Rule 1115 banning raw materials and products associated with deforestation and forest degradation. The measure not allowing imports nor exports of these goods has been in force since June 29 last year.

  • Friday, March 8th 2024 - 08:47 UTC

    Spanish PM insists before Lula: EU needs new partners such as Mercosur

    Brazil and Spain are facing “extremism, the denial of politics, and hate speech, fueled by fake news,” Lula told Sánchez

    Brazilian President Luiz Inácio Lula da Silva and Spanish Prime Minister Pedro Sánchez Wednesday signed a series of bilateral agreements at the Planalto Palace. The documents dealt with communications; science, technology, public administration, and health issues, Agencia Brasil reported. Both heads of government also concurred on the importance of expanding political, commercial, and investment relations.

  • Tuesday, March 5th 2024 - 10:49 UTC

    Second case of local dengue reported in Uruguay

    It was a different subtype of dengue from the one announced last Friday, Uruguay's Health Ministry explained

    Uruguayan health authorities confirmed Monday the second case of autochthonous dengue in the country, it was reported in Montevideo.

  • Monday, March 4th 2024 - 10:58 UTC

    Argentina and Brazil “blocking” Mercosur's progress, Uruguayan President says

    It was Lacalle's last March 2 message to Parliament as head of state

    President Luis Lacalle Pou told his country's Parliament Saturday that Uruguay needed to open up to the world. In his last accountability for the year speech as head of state before Parliament, he also singled out Argentina and Brazil for “blocking” Mercosur agreements and insisted on the importance of achieving fiscal goals, low inflation, employment growth, educational transformation, and making the regional bloc more flexible.

  • Monday, March 4th 2024 - 10:29 UTC

    Corrientes and Montevideo under water due to heavy rains

    Cars sank into the temporary water flows throughout the provincial capital

    The city of Corrientes, the capital of the Argentine province of the same name, was left under water Sunday as 209 millimeters of heavy rains caused floods and material damage while vehicles were swept away by the current. Classes were suspended for Monday amid widespread power outages, with streets turned into temporary rivers.

  • Thursday, February 29th 2024 - 11:40 UTC

    EU-Mercosur deal not this year, Peña says

    Neither Mercosur nor Paraguay will stand idly waiting for Europe's decisions, Peña stressed

    Paraguayan President Santiago Peña, who holds the pro-tempore presidency of the South American Common Market (Mercosur), ruled out Wednesday in Madrid an agreement with the European Union (EU) this year while insisting that his trip to Spain was more to offer than to ask.