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Montevideo, January 20th 2025 - 13:22 UTC

Mercosur

  • Tuesday, November 26th 2024 - 09:47 UTC

    Brazilian House Speaker says reciprocity coming up for Carrefour

    “We are very bothered by European protectionism,” Lira said

    Brazil's Lower House Speaker Arthur Lira spoke Monday against Europe's protectionism, particularly that of France, and announced that a bill would be voted on this week providing for “economic reciprocity.” If approved, the Brazilian government would be prevented from signing any international agreements with clauses restricting the import of Brazilian products unless the signatory countries adopt equivalent environmental protection measures.

  • Thursday, November 21st 2024 - 19:38 UTC

    French supermarket chain to halt sales of Mercosur meat to boycott FTA

    Mercosur meat might “flood the French market with meat that does not meet its requirements and standards,” Carrefour's CEO feared

    Carrefour CEO Alexandre Bompard announced this week that his company would not be selling meat imported from the Southern Common Market (Mercosur) in a move to prevent the Free Trade Agreement (FTA) with the European Union from pulling through. France's largest supermarket planned on suspending meat imports from Argentina, Bolivia, Brazil, Paraguay, and Uruguay “in solidarity with the agricultural sector.”

  • Tuesday, November 19th 2024 - 11:52 UTC

    Argentina clinches deal to sell Vaca Muerta gas to Brazil

    Caputo (L) and Silveira met on the sidelines of the G20 Summit in Rio

    Argentina's Economy Minister Luis Toto Caputo and his Brazilian Energy Counterpart Alexandre Silveira signed Monday on the sidelines of the G20 Summit in Rio de Janeiro an agreement whereby gas from Vaca Muerta will be pumped starting next year, reaching 30 million cubic meters per day as from 2030, which is the same volume that South America's largest country used to buy from Bolivia.

  • Monday, November 18th 2024 - 10:55 UTC

    With Milei, Macron insists France not signing EU-Mercosur FTA

    “We don't always think alike on many issues,” Macron said about Milei

    French President Emmanuel Macron told his Argentine counterpart Javier Milei once again during their meeting Sunday at Casa Rosada that his country would not sign the European Union (EU)-Southern Common Market (Mercosur) Free Trade Agreement (FTA) “as is.”

  • Friday, November 15th 2024 - 10:55 UTC

    France wants Mercosur-EU deal not signed

    France will do its utmost to prevent such an agreement from being signed, Armand was quoted as saying

    France will not be signing a Free Trade Agreement (FTA) between the European Union and the Southern Common Market (Mercosur), the Russian news service Sputnik reported Thursday. In fact, Paris will do its utmost to block it.

  • Sunday, November 10th 2024 - 15:23 UTC

    France lobbying among EU partners to veto trade agreement with Mercosur

    Minister Annie Genevard admitted Paris is trying to convince “a maximum number of countries”, to set up a veto system to impede the trade agreement EU/Mercosur

    French Agriculture minister, Annie Genevard has declared to her country’s media that Paris is trying to convince “maximum number of countries”, such as Belgium, Bulgaria, Austria, Ireland and “even maybe Italy” to set up a veto system to impede the signing of a trade agreement between the European Union and Mercosur, the South American trade group.

  • Thursday, October 24th 2024 - 19:07 UTC

    ECLAC foresees slight rebound in foreign trade

    Salazar-Xirinachs highlighted the importance of public-private cooperation

    The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) foresaw this week in its its annual Latin America and the Caribbean International Trade Outlook that regional exports of goods would bounce back in 2024 after last year's 1% contraction while service exports will complete their fourth consecutive year of double-digit growth.

  • Monday, October 14th 2024 - 09:07 UTC

    Colorado candidate picks wrong analogy to describe Uruguay's relationship with Mercosur

    Ojeda made his point that “Uruguay cannot make 50 threats to leave a Mercosur from which it is never going to leave”

    Colorado Party presidential candidate Andrés Ojeda chose a controversial analogy this weekend to refer to Uruguay's situation within the South American Common Market (Mercosur). He claimed it was affecting his country's credibility not to kill any hostage when hijacking airplanes.

  • Thursday, October 10th 2024 - 10:03 UTC

    Italian Deputy PM pledges to help pull through EU-Mercosur FTA

    “Italy and Brazil will cooperate in every way because it is in the interest of our people,” Tajani said

    Italy's Deputy Prime Minister and top diplomat Antonio Tajani told a group of Brazilian businesspeople in Sao Paulo Wednesday that his country was facing “a great opportunity” to strengthen its economic and commercial presence in Latin America, particularly through the EU-Mercosur free trade agreement that is still pending ratification.

  • Wednesday, October 9th 2024 - 08:46 UTC

    Uruguay: Montevideo-Salto route by a foreign carrier started

    Paranair's new service is in line with Uruguay's newly signed open skies agreements with Argentina, Chile, and Paraguay

    Paraguayan carrier Paranair Tuesday performed the maiden flight between the Uruguayan cities of Montevideo and Salto, thus marking the beginning of a new era in commercial aviation with foreign operators serving domestic routes.