Mercosur

• Saturday, April 17th 2010 - 06:23 UTC

  Egypt expects to sign free trade agreement with Mercosur next July

  

  Egypt expects to complete free trade negotiations with the four Mercosur countries -- Brazil, Argentina, Uruguay and Paraguay -- in July, Egypt's trade minister revealed this week in Cairo.

• Monday, April 12th 2010 - 23:04 UTC

  Mercosur and EU trade negotiators must “deliver” before May summit

  

  Mercosur is waiting for “dialogue contributions” from the European Union to decide on negotiations for a political and commercial agreement with the EU. Brussels is expected to make its move at the end of April on time for a formal launching in May of the decade-long delayed but very much needed block to block talks.

• Thursday, April 8th 2010 - 01:22 UTC

  Ford will invest 250 million USD in Argentina targeting Mercosur

  

  Ford Motor said it will spend 250 million US dollars on its operations in Argentina, where it will start production of a new vehicle for the Mercosur market. President and Chief Executive Alan Mulally announced the plan Wednesday during a meeting in Buenos Aires with Argentina President Cristina Fernandez.

• Wednesday, March 31st 2010 - 02:30 UTC

  Mercosur is Uruguay’s main market for value-added exports, says Mujica

  

  Uruguayan president Jose “Pepe” Mujica admitted Mercosur has its problems but it is also the market for Uruguayan exports with most added value: “to the rest of the world we sell mostly commodities, to Mercosur Uruguayan input”.

• Monday, March 29th 2010 - 04:16 UTC

  Mujica meets Lula da Silva to consider bilateral and regional integration

  

  Increasing trade, bilateral and regional integration dominate Monday’s agenda for the meeting in Brasilia between President Lula da Silva and Uruguayan leader Jose Mujica.

• Friday, March 26th 2010 - 04:18 UTC

  Brazil/Argentina hold new round of talks to facilitate bilateral trade

  

  Mercosur main country members, Argentina and Brazil begun on Thursday a two-day round of bilateral trade talks in Brazil to discuss basically whether to continue or not with the non-automatic licenses both countries hold.

• Thursday, March 25th 2010 - 03:18 UTC

  Mercosur-Israel free trade agreement becomes effective

  

  The free trade agreement between Mercosur and Israel, the first out of the region for the South American block, became effective this week for Paraguay. For the rest of Mercosur full members, Argentina, Brazil and Uruguay the official date is April first.

• Thursday, March 25th 2010 - 02:59 UTC

  Mercosur expects a next move from EU to advance trade discussions

  

  Mercosur expects the European Union to improve its offer so that both sides can advance towards a free trade agreement, according to Brazil and Uruguay’s Foreign Affairs ministers Celso Amorim and Luis Almagro who met in Rio do Janeiro this week.

• Wednesday, March 17th 2010 - 00:43 UTC

  Uruguay enjoys record crops but 2010 prospects not so clear

  

  Uruguay expects for this year a record export of grains and oilseeds, however prospects for the rest of the year are not too clear given abundant crops worldwide which will have an impact on prices.

• Tuesday, March 16th 2010 - 05:06 UTC

  Mercosur/Israel free trade agreement becomes effective April

  

  Brazil expects a new free trade agreement with Israel to swell bilateral trade to more than 3 billion US dollars within five years, officials said on Monday. Trade between Israel and Brazil slipped below 1 billion USD in 2009 from a peak of 1.6 billion USD in 2008 -- 1.2 billion USD of which were Israeli exports -- due to the global economic crisis.