Mercosur

• Saturday, August 11th 2012 - 11:03 UTC

  China only interested in commodities, not in products that reach supermarkets

  

  Trade with China for Argentina has great opportunities but also great threats because the Asian giant is only interested in produce with no added value, warned the head of Argentina’s Industrial Union, Ignacio De Mendiguren.

• Saturday, August 11th 2012 - 10:04 UTC

  Paraguay sounding the possibility of joining the Pacific Group

  

  Paraguay is sounding the recently created Pacific Block made up of Colombia, Peru, Chile and Mexico with the possibility of considering applying to join it, revealed the country’s Foreign affairs minister Jose Fernandez Estigarribia.

• Friday, August 10th 2012 - 08:41 UTC

  Short of soy Brazil meat producers want to import from Bolivia

  

  Meat producers in Brazil's Mato Grosso do Sul state are lobbying the government to approve soy imports from neighbouring Bolivia after drought shrank supplies in the world's second grower, a state official and analysts.

• Wednesday, August 8th 2012 - 18:21 UTC

  Paraguay to appeal Mercosur sanctions before the The Hague Court of Justice

  

  The Paraguayan government had decided to appeal before the International Court of Justice in The Hague the suspension imposed on Paraguay by the governments of Argentina, Brazil and Uruguay as a sanction for the removal of Fernando Lugo as president of the country, last June 22.

• Tuesday, August 7th 2012 - 20:14 UTC

  Mercosur has only benefited Brazil in the last ten years with a surplus of 36.8bn

  

  Brazil is the only country that in the last ten years has benefited from Mercosur with an intra-zone trade surplus of 36.8 billion dollars while the other three full members, Argentina, Uruguay and Paraguay have accumulated huge deficits in the same period, according to Argentine economist Orlando Ferreres a regular columnist from La Nacion with graduate studies in Harvard.

• Tuesday, August 7th 2012 - 08:33 UTC

  Uruguay reacts with silence to repeated Argentine provocations

  

  The Uruguayan government said on Monday there will be no public statements on the latest “situations” with Argentina, and Uruguay will keep to what was agreed at presidential level during the last (31 July) Mercosur extraordinary meeting in Brasilia.

• Monday, August 6th 2012 - 08:23 UTC

  Mercosur economic performance expected to lag behind Andean countries in 2012

  

  Argentina and Brazil will experience an economic slowdown this year compared to 2011, while Paraguay, punished by drought and an outbreak of foot and mouth disease, will have the worst performance in Latin America, and Peru the best, according to the Argentine consultants Ecolatina

• Monday, August 6th 2012 - 08:14 UTC

  Lugo going to appeal before the Inter American Court his removal from office

  

  Fernando Lugo said he would appeal to the Inter American Court the whole political impeachment process in the Senate that ended with his removal from the Paraguayan presidency in less than 48 hours and with little chance of a defence.

• Monday, August 6th 2012 - 08:07 UTC

  Ex-president says inclusion of Venezuela in Mercosur is “favourable for Uruguay”

  

  Former president Jorge Batlle (2000/2005) said that the inclusion of Venezuela in Mercosur “is favourable for Uruguay” but at the same time insisted it was “wrongly done” for not having taken into account Paraguay’s opposition currently suspended as member of the regional block.

• Monday, August 6th 2012 - 07:56 UTC

  Ecuador negotiation to join Mercosur as full member begin next month

  

  Mercosur will officially begin negotiation with Mercosur for its inclusion as full member in September announced the Brazilian news agency, ABR on Sunday. The meeting is scheduled for September 15 when the incorporation preliminaries will be addressed.