Spain's acting Ministry of Industry, Trade, and Tourism, Hector Gomez has anticipated that during this semester, in the framework of Spain's presidency of the European Union Council, some of the main differences in negotiations for the trade agreement with Mercosur are expected to be closed, but foundations will be solidly established, which means the signature of the accord will be delayed until the next semester
Brazilian President Luiz Inácio Lula da Silva told Spanish Prime Minister Pedro Sánchez during a telephone conversation last week that he was keen on finalizing the trade agreement between the European Union (EU) and Mercosur.
Paraguayan President Santiago Peña has filed a complaint with the Organization of American States (OAS) against Argentina's unacceptable and protectionist decision to impose tolls on barges passing through the Paraná River waterway. However, he failed to mention the neighboring country during his appearance before the continental body's Permanent Council.
During a speech at the Wilson Institute in Washington DC, Paraguayan President Santiago Peña highlighted the importance of Mercosur in the face of the recent Argentine elections - regardless of the outcome of the Nov. 19 ballot - and greenlighted China's approach to the bloc.
Good news for Mercosur pulp industry. After monthly price increases for eucalyptus pulp since June, China has surprised producers and analysts by showing stronger than expected demand for the fiber.
Argentina's Economy Minister and presidential candidate Sergio Massa said Thursday that the heart of Mercosur lies in the country's north and urged his supporters to “go for our flag” in Sunday's elections. Massa's remarks came during a campaign closing event at a factory in the city of Pilar, some 50 kilometers northwest of the capital. He also promised to improve salaries “and the purchasing power of the people” if Unión por la Patria (UP) wins.
Fuel shortages have been reported on both ends of the River Plate. But while supply is expected to be back to normal before the end of this week in Montevideo, Argentine rural producers are concerned that the lack of diesel might impact their activity shortly.
As the summer season approaches and Argentina lives through a not-quite-unprecedented crisis, Uruguay's Chamber of Commerce and Services fears it may result in fewer travelers and ensuing economic losses when compared to other years.
Paraguay's Foreign Ministry announced Sunday that a joint mechanism within Mercosur had been activated to rescue nationals of all member countries trapped in war-torn Israel.
Trade between Argentina and Brazil reached US$ 2.1 billion in September, marking a 19.5% decline compared to the US$ 2.66 billion recorded in the same month last year. This fact was brought to attention in a report by Argentina’s Chamber of Commerce and Services (CAC), which used official data from Brazil.