
Mercosur is currently a “Foreign Affairs ministries club” which has failed in getting people involved in the integration idea and process, said Uruguayan Foreign Secretary Luis Almagro during a press conference Monday at Government House.

European Union Trade Commissioner Karel De Gucht is expected in Brazil to advance trade talks with Mercosur. Brazil currently holds the Mercosur rotating chair. The top EU official will visit Argentina later in the week.

Indian Industry and Commerce Minister Jyotiraditya Scindia said that India and Mercosur are discussing the possibility to expand a current agreement on tariffs.

South Korea, Asia’s fourth largest economy is seeking to launch bilateral trade talks with Mercosur in a move to deepen links with Latinamerica according to a report from the Yonhap news agency.

Argentine president Cristina Kirchner called on Mercosur partners to convert the group into the world’s leading agro-food business region and to put an end to asymmetries.

Canada is “satisfied” with contacts held with the Argentine government for the possible beginning of discussions regarding a free trade agreement with Mercosur, said Canadian International Trade minister Peter Van Loan said at the end of a tour of four Latin American countries

Consolidating South American integration would be the main foreign policy priority of the Brazilian ruling party presidential candidate Dilma Rousseff if public opinion polls are confirmed at the ballot box next October 3 and she emerges as the successor of Lula da Silva.

Canada, South Africa and India are scheduled to begin this year trade talks with Mercosur, according to reports from Ottawa and Johannesburg.

Foreign Affairs minister Celos Amorim implicitly admitted that access to the Brazilian market for other Latin American countries, including Mercosur, is not easy because of a proliferation of non trade barriers which has resulted in large surpluses with most of the region’s countries.

South America and particularly Mercosur spend less than 2% of GDP in military hardware which makes it the world region that less invests in defence, said a high ranking official from the Barak Obama administration visiting Paraguay.