Mercosur

• Tuesday, December 20th 2011 - 02:58 UTC

  Paraguayan Congress warns Lugo on Venezuela’s incorporation to Mercosur

  

  The president of the Paraguayan congress Senator Jorge Oviedo Matto said that Paraguay should withdraw from Mercosur if the block during its Tuesday summit in Montevideo agrees the incorporation of Venezuela “eluding the approval of the Legislative as indicates the Constitution and the Mercosur charter”.

• Tuesday, December 20th 2011 - 02:07 UTC

  Mercosur drafting resolution barring Falklands’ flagged vessels from all regional ports

  

  Mercosur member countries meeting in Montevideo for their regular six-month summit are drafting a resolution that would bar Falklands’ flagged vessels from all Mercosur members’ ports, following on the traditional Argentine policy and now openly supported by the Uruguayan government.

• Tuesday, December 20th 2011 - 02:02 UTC

  Timerman thanks Mujica on Falklands: “Uruguay has honoured its word”

  

  Argentine Foreign Affairs minister Hector Timerman publicly thanked and praised on Monday the Uruguayan decision, announced last week, to bar Falklands’ flagged vessels form the port of Montevideo and any other sea or fluvial terminal in the country.

• Tuesday, December 20th 2011 - 00:01 UTC

  Obama joins the Mercosur controversy over the incorporation of Venezuela

  

  President Barack Obama has accused the government of Venezuela of threatening “basic democratic values” ahead of elections next year. He added that close relations with Iran and Cuba did not serve the interests of the Venezuelan people.

• Monday, December 19th 2011 - 07:29 UTC

  Mercosur summit to deal with Venezuela inclusion and obstacles to trade

  

  A two day Mercosur summit begins Monday in Montevideo with Foreign Affairs ministers meeting Monday and the presidents on Tuesday when the rotating chair will be passed from Uruguay to Argentina for the next six month.

• Thursday, December 15th 2011 - 15:42 UTC

  Brazil ‘disappointed’ with Paraguay Senate attitude towards Venezuela and Mercosur

  

  Brazil’s International Affairs presidential advisor Marco Aurelio García admitted there is “disappointment” in Mercosur with the delay from the Paraguayan congress in approving the incorporation of Venezuela.

• Monday, December 12th 2011 - 19:54 UTC

  Mercosur planning to change rules to ensure full incorporation of Venezuela

  

  Uruguayan president Jose Mujica announced Mercosur is considering the modification of legislation so that Venezuela can definitively be incorporated as a full member to the South American trade block, which has been blocked for several years now by the Paraguayan Congress.

• Saturday, December 10th 2011 - 20:50 UTC

  CFK ratifies model but calls for competitiveness from labour and corporations

  

  Argentine President Cristina Fernández began on Saturday before Congress her second term with a seventy minutes speech strongly focused on domestic issues with clear messages to labour, corporations, the financial sector, the Judiciary but also a “fine tuning” pledge to continue with the current national, popular, inclusive economic development model.

• Saturday, December 10th 2011 - 05:55 UTC

  Argentina and Brazil agree to jointly promote trade and manufacturing

  

  Argentina and Brazil agreed on Friday to “increase” in the “short term” regional trade in a shared strategy to address the consequences of the global crisis. The commitment was endorsed by Argentina’ Industry minister Debora Giorgi and her Brazilian counterpart Fernando Pimentel.

• Saturday, December 10th 2011 - 05:52 UTC

  IMF praise for Uruguay but warns about the need of labour flexibility

  

  The IMF recommended Uruguay greater flexibility in the management of macroeconomic policy, ahead of unexpected changes in the international scenario.