Mercosur

Friday, July 29th 2011 - 06:32 UTC
Claims China is ‘circumventing’, via US, to avoid Brazil anti-dumping tariffs

Brazilian newspaper Estado de Sao Paulo revealed documents from Chinese company Sun Falcon International Inc. offering triangulation scheme through Los Angeles port, the busiest container port in the US, to avoid Brazilian anti-dumping tariffs.
Thursday, July 28th 2011 - 11:42 UTC
Argentina-Brazil summit in Brasilia to discuss trade and political coordination

Brazilian Foreign Affairs minister Antonio Patriota said that trade talks is one of several points in the bilateral agenda, ‘but not the most important’, next Friday when Argentine president Cristina Fernandez de Kirchner visits her Brazilian peer Dilma Rousseff.
Tuesday, July 26th 2011 - 08:25 UTC
S&P upgrades Uruguay’s rating to BB+, just one notch below investment grade

The credit rating agency Standard & Poor’s upgraded on Monday Uruguay’s rating by one notch to BB-plus, only one notch below investment grade, praising years of “prudent and consistent” economic policies in the country.
Monday, July 25th 2011 - 07:08 UTC
EU/Mercosur agreement: “too much fear from both sides”

A trade agreement between Mercosur and the European Union would significantly expand European investment given the increase in bilateral trade, but ‘there’s too much fear from both sides’, according to Adrian van den Hover head of international relations for Business Europe.
Friday, July 22nd 2011 - 01:59 UTC
Weak Spanish government conditions enthusiasm for an EU/Mercosur deal

The Spanish government's enthusiasm for an European Union free-trade agreement with Mercosur remains solid and Madrid seems willing to put some sectors of agriculture at risk in exchange for access to new markets for the country's multinationals.
Thursday, July 21st 2011 - 10:16 UTC
Uruguay economy expands 6.8% in the first quarter and domestic demand, 8.3%

Following on an 8.5% growth rate in 2010, Uruguay’s real GDP continued to expand 6.8% in the first quarter of this year compared with the same period of 2010, according to the Central bank Debt Management Unit.
Friday, July 15th 2011 - 06:25 UTC
Argentina denies restrictions in trade with Brazil; admits ‘logical differences’

Argentina’s trade relation with Brazil does not have restrictions and “it’s understandable that some differences surface” when bilateral trade will be reaching over 40 billion dollars this year, said Argentine Industry Ministry sources in Buenos Aires.
Wednesday, July 13th 2011 - 16:59 UTC
Support for EU beef farmers, in the event of a Mercosur deal, is “not enough”

Members of the European Parliament discussing the agriculture budget said that compensation for beef farmers that could face Mercosur competition, if a trade agreement is finally reached, “is not enough” and anticipated that “we will not accept sweeteners in this area”.
Wednesday, July 13th 2011 - 10:16 UTC
US loosing Colombian market share to Mercosur claim farmers

United States industry and agriculture lobbies are again advocating forcefully before Congress on the pending free trade agreement with Colombia claiming the delay is costing market share to a more aggressive Mercosur.
Saturday, July 9th 2011 - 06:37 UTC
US beef and poultry become highly competitive as costs soar in Mercosur

Brazil’s JBS SA, the world’s biggest beef producer, is betting on a rebound in U.S. meat sales as a weak dollar makes production in the country as competitive as in emerging markets.