Mercosur

Thursday, May 17th 2012 - 21:19 UTC
Tax-info-exchange accord could see middle-class Argentines abandon Uruguayan banks

The recent tax-info exchange agreement reached between Argentina and Uruguay will make many investors in the Uruguayan financial system take their deposits back to “safes” or “mattresses” in Argentina, warned several economists during a conference on the Argentine economy prospects and its influence on neighbouring Uruguay.
Thursday, May 17th 2012 - 10:41 UTC
“Highly positive” cruise 2011/12 season for Uruguay with 213 vessel calls

As “highly positive” was described the 2011/12 cruise season by Uruguay’s Deputy Tourism minister Lilian Kechichian during the ceremony in the port of Montevideo to receive the last vessel of the season.
Thursday, May 17th 2012 - 10:17 UTC
Argentina en route to become the “Greece of Latin America” claim Chilean exporters

Argentina could rapidly become the “Greece of Latin America” given the trade restrictions it has imposed born out of the lack of sufficient hard currency to face its international commitments, according to Chile’s Manufacturing and Services Exporters Association, Roberto Fantuzzi.
Wednesday, May 16th 2012 - 01:27 UTC
Brazilian discomfort: ends automatic import licences for Argentine perishables

Brazil this week escalated a growing trade fight with Argentina by increasing the bureaucratic obstacles for importing about 10 perishable products including apples, raisins, and potatoes, a senior Brazilian government official was quoted by the media.
Friday, May 11th 2012 - 01:24 UTC
Brazil underlines the “great political convergence” with Argentina in spite of trade differences

Foreign Minister Antonio Patriota praised the “great political convergence” between Argentina and Brazil and assured that any existing problems related to the bilateral trade “do not tarnish this very strong reality.”
Wednesday, May 9th 2012 - 20:56 UTC
Mercosur “going through its worst moment in history” claims Uruguay

Uruguay’s Vice-president Danilo Astori said Mercosur is going through its worst moment in history because some of its members in practical terms “are denying the most basic principles”.
Tuesday, May 8th 2012 - 02:06 UTC
Mercosur “needs to be reborn” with an honest integration spirit, says Cardoso

Brazilian former president Fernando Henrique Cardoso said that Mercosur “needs to be reborn but with a real integration spirit among its members” leaving behind such ambitions as the mirror of the European Union.
Monday, May 7th 2012 - 04:59 UTC
Soybeans becomes Uruguay’s main export item, estimated at 1.1bn in 2012

Soybeans are set to establish several records this year in Uruguay: exports will be above one billion dollars; for the first time the oilseed will be the leading export item of the country displacing beef and prospects for the next season are that over a million hectares will be planted.
Saturday, May 5th 2012 - 06:26 UTC
Uruguay supports Argentina’s seizure of YPF but countries decide “proceedings”

Uruguayan Foreign Minister Luis Almagro backed Argentina’s controversial decision to nationalize the country's biggest oil company YPF arguing countries’ right to recover a strategic market is “indisputable”.
Thursday, April 26th 2012 - 06:10 UTC
“Land grabbing” and the concentration process in Mercosur members

The processes of concentration, foreign ownership and land degradation came to be a central concern of supranational bodies and NGOs that warn, like the United Nations Organizations for Food and Agriculture Organization (FAO), of the “negative effects of these phenomena on food security, agricultural employment and the development of family farming.”