
Uruguay’s exports jumped 23.3% during the first eleven months of 2010, anticipating a new value record for the year. Exports totalled 6.1 billion US dollars between January-November compared to 4.95 billion in the same period a year earlier and are higher than the twelve month previous record of 6.1 billion in 2008, according to Uruguay’s Exporters’ Union.

The Paraguayan Senate is expected to finally vote for the incorporation of Venezuela as Mercosur full member next week following intense political negotiations. Paraguay’s vote is decisive to complete the Venezuelan membership process since lawmakers of the other Mercosur countries Argentina, Uruguay and Brazil have already approved the incorporation.

Venezuela’s incorporation to Mercosur as full member seems closer as the Paraguayan Senate readies to consider the issue following on political agreements worked out by President Fernando Lugo.

The Paraguayan Executive sent this week to congress a bill requesting the incorporation of Venezuela to Mercosur. Paraguay’s legislative confirmation is the last step to complete the long process, begun in 2006, for Venezuela to become a full member of the South American block currently made up of Argentina, Brazil, Uruguay and Paraguay.

Brazil’s influential Foreign Affairs minister Celso Amorim revealed that his major obstacle in his eight years in the post was “breaking mental barriers” particularly in advancing relations among countries in the South and promoting such organizations as Mercosur and Unasur.

Rio Grande in the south of Brazil has rapidly become the main competitor of the port of Montevideo based on a sustained expansion, deep dredging, the construction of new piers and update equipment.

The European Union Mercosur trade agreement is still far from becoming a reality and the coming Ibero-American summit in Mar del Plata early December is not expected to signal any significant achievement in this field, according to Spanish political analysts who anticipate some advances towards the end of next year.

Representatives from Mercosur, Africa, China, India and multilateral organizations such as the United Nations called for the right to “food sovereignty”, thus preventing the international corporations from taking control of the seeds’ market.

Mercosur and European Union delegates are scheduled to meet at the end of the month or early December in Brasilia for a new round of talks leading to a wide ranging trade agreement which both sides have agreed should be ready to conclude negotiations in the first half of 2011.

Bilateral trade among Mercosur main partners, Argentina and Brazil is expected to reach a “historic record” of almost 34 billion US dollars this year, 80% of which mostly manufactured goods, according to Argentine Industry minister Deborayh Giorgi, who also anticipated that the deficit would drop 30%.