Uruguay Wednesday issued a closing statement Wednesday ratifying President Luis Lacalle Pou's intentions to keep seeking trade opportunities outside Mercosur. The document came after the South American bloc's LXI Summit held earlier this week in Montevideo, which, unlike previous gatherings, produced no joint declaration.
When in a society the rules are broken, someone is breaking them, Argentine President Alberto Fernández told his Uruguayan colleague Luis Lacalle Pou during the Mercosur Summit in Montevideo Wednesday.
Argentina is to take over Tuesday the pro-tempore presidency of Mercosur from Uruguay in Montevideo, where the hosts' unilateral search for other markets behind the regional bloc's back has stirred controversies.
Argentine Foreign Minister Santiago Cafiero Monday said in Montevideo ahead of the Mercosur Presidential Summit that Uruguay's one-sided negotiations with foreign blocs could end up in the dissolution of the South American Common Market.
The 61st Summit of the Southern Common Market (Mercosur) is starting Monday in Montevideo. During the two-day event, Uruguay is to hand over the six-month pro tempore presidency of the group to Argentina.
Paraguayan Foreign Minister, Julio César Arriola, ruled out on Thursday a break up within the Southern Common Market (Mercosur) and ratified that his country supports that the decisions of that integration mechanism be adopted jointly and by consensus.
Paraguay's President Mario Abdo Benítez Wednesday said that Uruguay's negotiating trade deals outside Mercosur were detrimental to the South American bloc's “essence.”
Mercosur is facing yet a new crisis stemming from Uruguayan President Luis Lacalle Pou's eagerness to join any foreign trade alliance no matter what.
Unions have saved Uruguayan brewery workers from calamity after their actions prevailed in stopping FNC from importing domestic brands from Argentina, where production costs around half as much due to the currency exchange scenario.
Uruguay's Industry Minister Omar Paganini highlighted the AL-Invest Verde program for its ambitiousness regarding sustainable development which will position the South American country as a regional innovation hub.