Mercosur

• Wednesday, February 8th 2023 - 17:25 UTC

  Brazilian minister denies single currency: no death sentence for the Real

  

  Argentina and Brazil are looking at ways to stimulate bilateral trade and investments but not eliminate their own currencies, according to Brazilian Finance Minister Fernando Haddad, who played down the idea of a single shared currency between the two Mercosur partners.

• Thursday, February 2nd 2023 - 10:59 UTC

  Uruguay cattle breeders fear 'monopoly conditions' as Brazilian companies control most of the beef industry

  

  Brazil's protein producer giant Minerva Foods issued a note to the market communicating the purchase of state-of-the-art Breeders and Packers Uruguay (BPU Meat) abattoir and processing plant for USD 40 million. The conclusion of the deal is still pending approval by the Uruguayan authorities.

• Tuesday, January 31st 2023 - 10:22 UTC

  Argentine migrants flocking into Uruguay at a slower pace

  

  Uruguay processed a total of 7,209 resident visas for Argentine nationals in 2022, a drop of nearly 42% from the previous year, it was reported in Montevideo on Monday.

• Wednesday, January 25th 2023 - 18:58 UTC

  Lula in favor of Mercosur-China FTA

  

  Brazilian President Luiz Inácio Lula Da Silva said Wednesday in Montevideo that he agreed to open up Mercosur and pursue a free trade agreement (FTA) with China.

• Monday, January 23rd 2023 - 18:56 UTC

  Uruguay's FTA with China would endanger Mercosur, Vieira says

  

  Brazil's Foreign Minister Mauro Vieira told Folha de Sao Paulo that a possible free trade agreement between Uruguay and China would endanger the future of the South American Common Market (Mercosur). In Vieira's view, such a move would contradict the bloc's integration policies.

• Monday, January 23rd 2023 - 09:57 UTC

  Lula da Silva overshadowing Mercosur diplomacy and trade agreements

  

  A free trade agreement between Uruguay and China would destroy Mercosur since it contradicts the block's integration policies, according to Brazilian Foreign Minister Mauro Vieira said in a Sunday interview with Folha de Sao Paulo, a leading daily of the country's financial capital.

• Tuesday, January 17th 2023 - 19:25 UTC

  Argentine nationals top list of foreign travelers entering Uruguay in 2022

  

  Argentine nationals topped the list of foreign travelers arriving in Uruguay throughout 2022, although Paraguayans were the ones who spent the most money, according to the latest report by the South American country's Ministry of Tourism.

• Thursday, January 12th 2023 - 11:53 UTC

  Mercosur needs changes, former Uruguayan President Pepe Mujica says

  

  Former Uruguayan President José “Pepe” Mujica met Argentina's head of state Alberto Fernández over a barbecue at the Olivos residence in Buenos Aires to discuss the importance of integration of Latin America, because in the guest's words “we do not exist in the world.”

• Wednesday, January 11th 2023 - 10:45 UTC

  Beijing pushing Brazil for a quick FTA with Mercosur or individually, but consensus is elusive

  

  An official document from Beijing states that China is ready to negotiate a free trade agreement (FTA) with Mercosur or separately with any member of the bloc. This contentious topic most probably will be included in the bilateral agenda when President Lula da Silva visits China in the near future.

• Saturday, January 7th 2023 - 11:27 UTC

  Lula to be in Montevideo the day after CELAC summit

  

  Brazil's President Luiz Inácio Lula da Silva is to visit Montevideo on Jan. 25 after spending two days in Buenos Aires, it was announced Friday.