Mercosur

Thursday, November 12th 2009 - 05:54 UTC
Brazilian Senate suspends vote on Venezuela’s Mercosur admission

The Brazilian Senate agreed to postpone a full house vote on the admission of Venezuela to Mercosur given the “strained climate” generated by President Hugo Chavez who alerted his people of a “possible” war with Colombia.
Wednesday, November 11th 2009 - 11:29 UTC
Chavez “war alert” shell-shocks Mercosur admission debate in Brazil

Venezuela’s Hugo Chavez alert calling on the Army and the people to prepare for “a possible war” with Colombia shell-shocked the Brazilian Senate that this week is scheduled to vote on Venezuela’s full incorporation to Mercosur.
Saturday, November 7th 2009 - 07:07 UTC
EU/Mercosur round of talks agree negotiations remain stalled

The European Union and Mercosur closed on Friday a three-day round of talks unable to re-launch the stalled trade negotiations, although both sides were quick to point out to the “advances” of the last five years.
Friday, November 6th 2009 - 04:12 UTC
Brazilian Senate postpones vote on Venezuela’s Mercosur incorporation

In related news the Brazilian Senate postponed for a week a full house vote on the incorporation of Venezuela to Mercosur which is pending since March 2007 when the administration of President Lula da Silva sent the request.
Friday, November 6th 2009 - 03:49 UTC
Brazilian industry suggests direct negotiations with EU, leaving aside Mercosur

Brazil’s all powerful Sao Paulo Federation of Industries, FIESP, said it is willing to yield positions so a free trade agreement can be reached with the European Union but also suggested Brazil should leave Mercosur aside.
Wednesday, November 4th 2009 - 13:03 UTC
Brazilian opposition to vote against Venezuela in Mercosur

The Brazilian opposition announced it will attempt to delay as much as possible the Senate vote on the incorporation of Venezuela to Mercosur which is scheduled to take place Wednesday following the approval by the Foreign Affaire committee last week.
Friday, October 30th 2009 - 07:27 UTC
Lula da Silva relishes in Caracas approval of Venezuela’s Mercosur entry bid

Brazil's Senate foreign relations committee approved on Thursday in a divided vote Venezuela's request to join Mercosur despite concerns over President Hugo Chavez's authoritarian style of government. The vote comes when President Lula da Silva flies to Caracas to sign huge contracts for Brazilian corporations.
Thursday, October 29th 2009 - 10:11 UTC
Brazilian Senate ready to approve Venezuela’s inclusion in Mercosur

Strong lobbying from business interests in Brazil and Venezuela apparently will have tipped the balance and open the way for the Brazilian Congress to include Venezuela in South America’s largest trade block, Mercosur when it takes a vote on Thursday.
Thursday, October 29th 2009 - 07:11 UTC
Brazil confirms the gradual elimination of US dollar in trade operations

Brazilian Central Bank president Henrique Meirelles said the country is considering the gradual elimination of the US dollar in trade with China, Russia and India, which together with Brazil make up the BRIC group.
Thursday, October 29th 2009 - 07:08 UTC
Ecuador ratifies Mercosur “democratic clause”

Ecuador ratified this week support to Mercosur democratic commitment or “democratic clause” which automatically throws out any country member which violates such a commitment.