The Ministry of Tourism of Uruguay announced that in the first quarter of the year, more than one million tourists visited the South American country, generating revenues of 741 million US dollars. This was presented on Wednesday, indicating an increase in the sector.
Brazilian Vice President Geraldo Alckmin, in charge of the South American country due to President Luiz Inácio Lula da Silva's trip to China, insisted Wednesday on the importance of increasing trade with Latin America, Xinhua reported.
Argentina could soon face the consequences of the historic drought ravaging its agricultural and industrial processing potential. This means the country may soon cease to be the world’s largest exporter of soy-meal, since domestic oilseed production, because of the historic drought is likely to reduced by 36% year-on-year to just 27 million tons in the 2022/23 cycle, said the Rosario Stock Exchange (BCR).
Negotiations for an agreement between Mercosur and Canada to eliminate tariffs on industrial and agricultural goods, services, intellectual property, and government purchases are to resume after more than three years, CNN Brazil reported. The initiative had been halted by the Covid-19 pandemic.
Uruguayan health authorities have issued a series of recommendations to nationals of the South American country traveling abroad, particularly to Argentina, for the Easter Weekend due to a surge in the number of dengue cases detected in the neighboring nation. Health Minister Karina Rando stressed that those returning from that country and from Brazil should be attentive to possible symptoms for 10 or 12 days.
The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.
European Commission President Ursula von der Leyen said the agreement with Mercosur was a priority, but Argentina's government has second thoughts about the advantages it would actually entail, it was reported Thursday.
France denies blocking the EU-Mercosur agreement, which it vetoed since it was signed in 2019. However, it reiterates its demands to correct it and says it is waiting for the outcome of the negotiations being conducted by the European Commission with its South American partners.
Brazil’s soybean output and exports in 2023 will be higher than expected, Brazilian oilseed lobby Abiove announced this week, as local farmers harvest a bumper crop. Abiove now estimates Brazil’s soy production at a record 153.6 million tons, one million more than the last projection last January.
Argentine President Alberto Fernández Saturday thanked att attendees at the XXVIII Ibero-American Summit for their unanimous support in a joint declaration urging the United Kingdom to resume talks regarding the Falklands/Malvinas Islands issue.