The presidents of all Mercosur member and associate countries gathered Tuesday in Montevideo for a summit to redefine the bloc's future, in light of recent statements from Brazil's future government that the region will not be among the priorities of Jair Bolsonaro when he becomes president on January 1.
Brazil’s outgoing Agriculture Minister Blairo Maggi said that Mercosur is ready to close a trade agreement with the European Union but it is being held up because the Europeans do not want to close a deal.
Mercosur and the European Union will be holding a round of technical talks this week in Montevideo, starting on Monday, with the purpose of building a strong consensus that could anticipate an agreement sometime next year.
Brazil's president-elect Jair Bolsonaro said “prudence” was necessary before signing any trade agreement with other nations, in reference to the ongoing negotiations between Mercosur and the European Union.
The Arcángel Maggio printing company has announced plans to invest US $ 6 million to produce school books and novels for the Spanish-speaking market (except Uruguay) from Colonia's free-trade zone in a 4,000 square meter plant due to start operating in February, 2019.
Tereza Cristina, tapped by President-elect Jair Bolsonaro to head Brazil's Agriculture Ministry, said on Wednesday the country could decide to abandon the Mercosur trade bloc if it failed to address inequality.
Several Latin American presidents and political activists are scheduled to hold the First Forum of Critical Thinking next week in Buenos Aires, just a few days before the G20 summit which this year in being hosted by Argentina and will convene the world's leaders.
Argentine budget airline Flybondi will go international starting December 17 with a flight between El Palomar in the Greater Buenos Aires area and the Paraguayan capital Asunción. Three days later it will commence serving Punta del Este from El Palomar and also from Córdoba.
U.S. Secretary of Agriculture Sonny Perdue announced that the United States has joined with 12 other nations, (including Mercosur founding members) to support policies that enable agricultural innovation, including genome editing. The International Statement on Agricultural Applications of Precision Biotechnology was released in Geneva at the World Trade Organization Committee on the Application of Sanitary and Phytosanitary Measures.
Mercosur is not a priority, and Argentina is not a priority for the new government of Brazil, the priority is to trade with all the world. The strong statement came from Paulo Guedes, signaled as the next Finance minister of president elect Jair Bolsonaro's cabinet and a crucial player in that team since the newly elected leader has admitted a limited knowledge of economics.