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Montevideo, July 4th 2025 - 14:44 UTC

Mercosur

  • Wednesday, July 5th 2023 - 10:26 UTC

    Mercosur leaders show support to Massa

    Argentina's current Economy Minister Massa may become the country's next president

    Presidents Luis Lacalle Pou of Uruguay, Luis Arce Catacora of Bolivia, Mario Abdo Benítez of Paraguay, Luiz Inácio Lula da Silva of Brazil, and Paraguay's President-elect Santiago Peña Tuesday showed strong support to Argentine Economy Minister Sergio Massa, a likely candidate to become President comes Dec. 10, on the sidelines of the 62nd Mercosur Summit in Puerto Iguazú.

  • Tuesday, July 4th 2023 - 10:55 UTC

    Argentina insists on local currency agreements within Mercosur

    “The use of local currencies in bilateral trade relieves the pressure on the use of reserves and on the exchange rate issue,” Massa argued

    Argentine Economy Minister Sergio Massa said Monday in Puerto Iguazú during a conference with his Mercosur peers on the opening day of the bloc's 62nd Summit in the province of Misiones, that “in order to strengthen intra-Mercosur trade, it is essential to consolidate local currency agreements among our countries.”

  • Tuesday, July 4th 2023 - 10:42 UTC

    Argentina's FM insists “asymmetries” make EU deal untenable

    “We have to strengthen ourselves as a bloc,” Cafiero told his Mercosur colleagues

    Argentina's Foreign Minister Santiago Cafiero Monday stressed that the trade agreement between Mercosur and the European Union (EU) is hindered by what he called the “asymmetries” between the two blocs.

  • Tuesday, July 4th 2023 - 10:17 UTC

    Paraguayan FM calls for more efficient Mercosur

    “Without free circulation of goods and services, deepening our productive integration becomes a chimera,” Arriola stressed

    Paraguayan Foreign Minister Julio César Arriola Monday called for a “more effective and efficient” Mercosur during the bloc's two-day summit in Puerto Iguazu in the Argentine province of Misiones.

  • Saturday, July 1st 2023 - 10:53 UTC

    Brazil/Argentina bilateral trade better, but still lacks the dynamism of past years

    Brazilian sales to Argentina have grown by 26.9% compared to the same period last year, while imports increased by 4%.

    Trade relations between Brazil and Argentina are improving with an overall volume of US$12.5 billion in the first five months of this year. Brazil exported US$7.5 billion worth of goods and imported US$ 5 billion from Argentina, according to the Comexstat portal of the Brazilian Ministry of Industry, Commerce, and Services.

  • Saturday, July 1st 2023 - 10:49 UTC

    Mercosur members challenge Argentina toll fee on Parana/Paraguay waterway

    The Parana/Paraguay with its barges is crucial for the foreign trade of landlocked countries such as Paraguay and Bolivia

    Delegations from Paraguay, Bolivia, Brazil, and Uruguay recently convened a meeting to challenge Argentina’s imposition of a toll fee on the Paraná-Paraguay Waterway. The neighboring countries argued that the evidence presented by Argentina did not provide enough services to justify the charge.

  • Thursday, June 29th 2023 - 10:42 UTC

    Portuguese President wants EU-Mercosur deal ratified this year

    “If we choose the path of democracy, we choose the path of the dignity of the person,” Rebelo stressed

    Portugal's President Marcelo Rebelo de Sousa said Wednesday it was essential that an agreement between Mercosur and the European Union (EU) “be concluded as soon as possible,” Agencia Brasil reported. Rebelo made those remarks during a forum in Lisbon which was also attended by Brazilian Vice President Geraldo Alckmin, who is also the South American country's Minister of Development, Industry, Commerce, and Services.

  • Tuesday, June 27th 2023 - 10:36 UTC

    Fernández thankful to his Brazilian friend Lula

    “Brazil and Bolivia criticized the British interference in our Malvinas Islands,” Fernández highlighted

    Argentine President Alberto Fernández Monday told his Brazilian colleague Luiz Inácio Lula da Silva that “when you are in trouble you ask your friends for help and friends are always there,” it was reported. Both leaders met Monday in Brasilia to celebrate 200 years of bilateral relations.

  • Tuesday, June 27th 2023 - 08:37 UTC

    Uruguay's Colman becomes new Speaker of Parlasur

    Colman pledged to “work seriously” for a Mercosur of “all citizens”

    Uruguay's Mario Colman Monday became the new Speaker of Mercosur's Parliament (Parlasur), it was reported in Montevideo.

  • Tuesday, June 27th 2023 - 08:25 UTC

    Mercosur/EU trade accord: Lula describes EU amendments as 'unacceptable”, but will continue talks

    “I intend to discuss this matter with President Emmanuel Macron because France strongly defends its agricultural interests,” Lula stated

    Brazilian president Lula da Silva reiterated his support for the signing of the agreement between the European Union (EU) and Mercosur but expressed his dissatisfaction with the additional terms proposed by the European bloc, calling them “unacceptable.”