Mercosur

• Friday, September 20th 2013 - 08:35 UTC

  Lack of ‘tuning’ and a new historic reality, obstacles for EU/Mercosur trade talks

  

  The lack of ‘tuning’ in trade affairs is not the only motive stalling the decade long Mercosur/European Union trade and cooperation discussions according to EU ambassador in Montevideo, Juan Fernandez Trigo who also included what he described as the ‘new historic reality’.

• Friday, September 20th 2013 - 08:31 UTC

  Argentina and Brazil address Mercosur and trade discussion with Europe

  

  Argentina’s Hector Timerman and Brazil’s new Foreign minister Luiz Alberto Figueiredo Machado discussed a long agenda of common interest issues during a work meeting held in Buenos Aires, which included Mercosur, trade discussions with Europe, Unasur, Haiti and US cyber-spying in the region among other issues.

• Friday, September 20th 2013 - 08:24 UTC

  US corn exporters concerned with Mercosur competition in Venezuela

  

  United States corn exporters are concerned with the fact that Venezuela, one of their prime markets, is now a full member of Mercosur, which includes Brazil and Argentina two major exporting countries.

• Friday, September 20th 2013 - 08:02 UTC

  Brazil prepared to lower Mercosur tariffs at January’s review panel

  

  Brazil's government is considering lowering import duties in the next planned review of regional bloc Mercosur tariffs, which is scheduled to take place in January, Trade Minister Fernando Pimentel announced this week.

• Wednesday, September 18th 2013 - 06:39 UTC

  Venezuela breaks three Mercosur human rights on human rights on abandoning IACHR

  

  By Juan Francisco Alonso - El Universal - Venezuela is not only a full member of the bloc since July 2012, but it also holds the pro-tempore presidency. The entry into force of Venezuela's denunciation of the American Convention on Human Rights, which implies its withdrawal from the Inter-American Court of Human Rights (IACHR Court), breaches at least three regulations of Mercosur regional trade bloc.

• Wednesday, September 18th 2013 - 01:55 UTC

  Paraguay expects to return to Mercosur in 2014; Chile offers closer links and access to the Pacific

  

  President Horacio Cartes said that during 2014 links between Paraguay and Mercosur will be fully re-established and by then all the skirmishes motivated by the access of Venezuela as full member of the group, “will be overcome”. However Cartes also mentioned that Paraguay, with support from Chile has a strategic access to the Pacific basin.

• Tuesday, September 17th 2013 - 07:10 UTC

  Argentina ratifies interest in Mercosur, but Brazil wants negotiations now

  

  The government of President Cristina Fernandez told the business community on Monday that Argentina has an interest in a ‘balanced’ negotiation between Mercosur and the European Union to reach a political, association and trade agreement. However the timetable approach of Argentina does not seem to fit with the rest of Mercosur, mainly Brazil.

• Monday, September 16th 2013 - 01:29 UTC

  Leading Spanish bank ready to lend 10bn dollars for infrastructure in Brazil

  

  Following a meeting with President Dilma Rousseff, Banco Santander Chairman Emilio Botin said that the Spanish bank has 10 billion dollars available to finance infrastructure projects in Brazil. He also anticipated that loan book growth at Banco Santander Brasil SA would be up about 10% in 2013.

• Monday, September 16th 2013 - 01:25 UTC

  Argentine official inflation 0.8% and 6.6% in eight months despite price agreements

  

  Argentina's Consumer Price Index (IPC) was of 0.8% in August, according to the INDEC statistics bureau, totalling 6.6% this year. Price hikes were mainly seen in food and beverage, household equipment and maintenance sectors. Meanwhile, entertainment costs went down in August.

• Monday, September 16th 2013 - 01:21 UTC

  Uruguay’s economy expands 5.6% in second quarter helped by hydroelectric production

  

  Uruguay's economy expanded 5.6% in the second quarter compared with the same period a year earlier and 2.1% compared with the first three months of this year, the central bank said in its quarterly report.