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.”
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.
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.
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.
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.
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.
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.
The governments of Paraguay and Argentina have reached an understanding regarding the collection of tolls on the latter's part for the use of the Paraguay-Paraná Waterway, it was announced.
The Uruguayan Government of President Luis Lacalle Pou has found in Javier Milei's Argentina the partner it longed for within the Southern Common Market to clear the way for individual members of the bloc to seek unilateral trade alliances with other countries or regional alliances. In this scenario, Foreign Minister Omar Paganini Wednesday welcomed Buenos Aires' endorsement to make Mercosur more flexible.
Uruguayan authorities inaugurated a new fishing port in Capurro on Tuesday after a US$ 110 million investment, an “important milestone” that will house the activity in Montevideo, President Luis Lacalle Pou explained. The head of state also pointed out that “it has been many years since a public port was built here.”