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MercoPress, en Español

Montevideo, May 18th 2024 - 21:41 UTC

Mercosur

  • Friday, May 12th 2023 - 10:59 UTC

    Brazil asks US to help Argentine with IMF talks

    Haddad said he feared the far right could gain momentum in Argentina if the economic crisis is not solved promptly

    The Brazilian Government of President Luiz Inàcio Lula Da Silva Thursday asked the US Treasury Department to exert some pressure on the International Monetary Fund (IMF) -of which the US is the largest shareholder- to help Argentina overcome the current crisis caused by the drought while still bound by commitments signed with the world entity, which are holding back the economic development of the South American country.

  • Friday, May 12th 2023 - 10:55 UTC

    On Brazil's lead, Canada and Mercosur advance trade negotiations

    Between January and April 2023, Brazil exported US$ 1.526 billion to Canada and imported US$ 1.104 billion, resulting in a surplus of US$ 421.7 million for Brazil.

    Brazil is leading efforts to increase its own and Mercosur interests in closer trade and investment relations with Canada. This week the Brazilian Foreign Trade Secretary from the Ministry of Development, Industry, Trade and Services, MDIC, Tatiana Prazeres received the Canadian ambassador in Brasilia, Emmanuel Kamarianakis and special representatives, with the purpose of strengthening trade relations between both countries and the regional block Mercosur.

  • Friday, May 12th 2023 - 10:45 UTC

    Brazilian FM says EU's proposal too demanding for Mercosur-EU FTA

    The fulfillment of those environmental goals depends on the “climate conditions” and should not be open to sanctions, Vieira explained

    Brazil's Foreign Minister Mauro Vieira Thursday said during an appearance before his country's Senatorial Foreign Relations Committee that the European Union's (EU) new environmental requirements for the Mercosur-EU agreement could cause “enormous damage” to the South American bloc.

  • Thursday, May 4th 2023 - 10:40 UTC

    “Argentina extremely cheap,” says Uruguayan president

    “Naturally the residents of the coastal cities consume where it is cheaper for them,” Lacalle admitted

    Uruguayan President Luis Lacalle Pou said his country has a problem with prices in Argentine being so low due to a favorable exchange rate that people cross the border to do their shopping.

  • Tuesday, May 2nd 2023 - 10:57 UTC

    Massa to broker imports from Brazil paid in Argentine pesos

    The Economy Minister will join President Alberto Fernández's entourage

    Argentina's Economy Minister Sergio Massa will travel to Brazil alongside President Alberto Fernández to find credit alternatives through which to spend fewer dollars in bilateral trade, it was reported.

  • Monday, May 1st 2023 - 10:44 UTC

    Colorado Party's Peña wins Paraguayan elections

    Among his campaign promises, Peña pledged to maintain ties with Taipei

    Santiago Peña of the ruling National Republican Association (ANR), also known as the Colorado Party, won Sunday's elections in Paraguay and will become the South American country's new president on Aug. 15, it was reported in Asunción. Turnout stood at 63.11% despite voting being mandatory.

  • Thursday, April 27th 2023 - 10:55 UTC

    Spanish PM promises Lula he will push for EU-Mercosur deal closure

    Spain “maintains a firm commitment to advance in the ratification of this important trade agreement,” Sánchez told Lula

    Brazilian President Luiz Inácio Lula da Silva Wednesday insisted in Madrid on his unorthodox view regarding the war in Ukraine but the approval of the Mercosur-European Union (EU) deal signed in 2019 that still needs to be ratified looked closer following Prime Minister Pedro Sánchez's comments.

  • Wednesday, April 26th 2023 - 02:55 UTC

    Mercosur members, Argentina, Uruguay, Paraguay expected a decrease in 2023 beef exports, USDA

    Argentina is expected to export 795,000 tons, down from 823,000 last year. Paraguay, 445,000 tons, compared to 462,000 tons, while Uruguay is projected to export 485,000, down from 513,000

    Based on data from the United States Department of Agriculture (USDA), a recent report from SAFRAS & Mercado indicates that the participation of Mercosur members Argentina, Paraguay, and Uruguay in global beef exports is expected to decrease in 2023 compared to the previous year.

  • Monday, April 24th 2023 - 10:59 UTC

    Brazilian official says Mercosur-EU deal may be closed this year

    None of the obstacles is insurmountable, Elias explained

    Márcio Elias, executive secretary of Brazil's Ministry of Development, Industry, Trade, and Services, said Sunday that the federal government intends to close the free trade agreement between Mercosur and the European Union this year.

  • Thursday, April 20th 2023 - 10:59 UTC

    Lula's stance could jeopardize Mercosur-EU deal

    Commentators on Brazil's opposition media Jovem Pan this week even suggested Lula seeking the Nobel Peace Prize would be a good explanation

    Brazilian President Luiz Inácio Lula da Silva's stance on the war in Ukraine might jeopardize the Mercosur-European Union deal, according to a confidential report drafted ahead of a European foreign ministers' summit and accessed by Politico.