
Uruguayan president Jose Mujica warned that several abattoirs will run into deep trouble and might have to close down because of the lack of livestock ready for slaughtering. He also cautioned that “there is not much more the Executive can do”.

Argentine President Cristina Fernández de Kirchner may announce her bid to run for re-election at a rally on June 23, according to ruling-party lawmaker and close associate of the head of state, Carlos Kunkel.

The European Union and Mercosur admit they have internal problems that are delaying discussions, and results, for a broad association and cooperation accord that contemplates a trade agreement questioned by strong interests from both sides.

Mercosur members Brazil and Paraguay harvested unprecedented soy crops this year while Argentina’s results are disappointing limiting its exports, according to the latest report form Hamburg based Oil World.

The Brazilian congress passed the rules for the election by political parties of Mercosur parliament representatives, which beginning 2014 are to be chosen by popular vote.

Mercosur tourism ministers agreed to facilitate border crossings for citizens from country members and to draft a homogeneous system for keeping the industry’s statistics, during their XI meeting held in Asuncion, Paraguay.

Robert da Fonseca, director of the Sao Paolo Industry Federation, FIESP admitted on Friday that Brazilian businessmen are “worried” with the commercial conflict that Argentina and Brazil face.

Real estate operations in Uruguay’s hottest resort and leisure farms’ area totalled 2.55 billion US dollars in the twelve months to April 2011, equivalent to daily deals involving 7 million USD.

In a ranking of the busiest port terminals in Latin America & Caribbean, elaborated in a work of Infrastructure Services Unit of ECLAC, Port of Rio Grande (RS) lost position for the Port of Montevideo, Uruguay. So they were, respectively, the 21st and 19th positions from the list.

The president of Argentina’s Plaza de Mayo Grandmothers Estela de Carlotto will be honoured as “illustrious citizen” of Mercosur during the group’s coming summit to be celebrated in Asuncion, Paraguay at the end of June, reported the Argentine Foreign Affairs ministry.