
Uruguayan Vice-President Danilo Astori said Mercosur must decisively address the signing of a free trade agreement with the United States, but also admits that “opportunities must be built”.

Conservative businessman Horacio Cartes was sworn in as president of Paraguay on Thursday, amid slowly improving relations with South American neighbors, and Mercosur members, damaged by the 2012 removal of populist President Fernando Lugo, who was impeached on incompetence.

Most presidents and top authorities that will attend the inauguration of Paraguayan president-elect Horacio Cartes on Thursday morning arrived in Asunción on Wednesday and most of them have already held private meetings with the future leader of the country.

The priority of the incoming Paraguayan government of president-elect Horacio Cartes who takes office on Thursday is to recompose bilateral relations with the region’s countries and from then on begin negotiations for the return to Mercosur, said Eladio Loizaga a veteran diplomat who on Tuesday was confirmed as future Foreign affairs minister.

Ecuador regrets that Paraguay has not invited Venezuelan president Nicolas Maduro (who is also currently president of Mercosur) to the inauguration of president Horacio Cartes next Thursday, 15 August, said Ecuadorean foreign minister Ricardo Patiño,

Brazil and Uruguay want to speed a trade agreement with the European Union but without abandoning Mercosur, and making it clear that they are willing to advance at “a different speed” than the rest of the group’s members, revealed a reliable source from the government of President Jose Mujica in Montevideo.

The 28-country European Union underscored the potential benefits of a free trade agreement with Mercosur and revealed that so far no country member of the group has requested to a bilateral negotiation.

Brazil, Latin America‘s biggest economy, is planning to try to negotiate a separate trade deal with the European Union, Foreign Minister Antonio Patriota said in remarks published Monday.

Argentine President Cristina Fernandez confirmed by writing that she would be attending the inauguration of Paraguayan president Horacio Cartes next Thursday 15 August, according the organization committee of the event in Asuncion, Ambassador Federico Gonzalez and head of Protocol at the Paraguayan foreign ministry.

The Union of South American Nations, Unasur, decided late Friday to lift the suspension pending on Paraguay, which will become effective next 15 August when president-elect Horacio Cartes takes office.