Mercosur

Thursday, April 27th 2023 - 10:55 UTC
Spanish PM promises Lula he will push for EU-Mercosur deal closure

Brazilian President Luiz Inácio Lula da Silva Wednesday insisted in Madrid on his unorthodox view regarding the war in Ukraine but the approval of the Mercosur-European Union (EU) deal signed in 2019 that still needs to be ratified looked closer following Prime Minister Pedro Sánchez's comments.
Wednesday, April 26th 2023 - 02:55 UTC
Mercosur members, Argentina, Uruguay, Paraguay expected a decrease in 2023 beef exports, USDA

Based on data from the United States Department of Agriculture (USDA), a recent report from SAFRAS & Mercado indicates that the participation of Mercosur members Argentina, Paraguay, and Uruguay in global beef exports is expected to decrease in 2023 compared to the previous year.
Monday, April 24th 2023 - 10:59 UTC
Brazilian official says Mercosur-EU deal may be closed this year

Márcio Elias, executive secretary of Brazil's Ministry of Development, Industry, Trade, and Services, said Sunday that the federal government intends to close the free trade agreement between Mercosur and the European Union this year.
Thursday, April 20th 2023 - 10:59 UTC
Lula's stance could jeopardize Mercosur-EU deal

Brazilian President Luiz Inácio Lula da Silva's stance on the war in Ukraine might jeopardize the Mercosur-European Union deal, according to a confidential report drafted ahead of a European foreign ministers' summit and accessed by Politico.
Thursday, April 20th 2023 - 10:45 UTC
First Quarter sees over a million tourists flocking to Uruguay

The Ministry of Tourism of Uruguay announced that in the first quarter of the year, more than one million tourists visited the South American country, generating revenues of 741 million US dollars. This was presented on Wednesday, indicating an increase in the sector.
Thursday, April 13th 2023 - 11:19 UTC
Alckmin says Brazil's trade with neighbors should come first

Brazilian Vice President Geraldo Alckmin, in charge of the South American country due to President Luiz Inácio Lula da Silva's trip to China, insisted Wednesday on the importance of increasing trade with Latin America, Xinhua reported.
Wednesday, April 12th 2023 - 11:06 UTC
Another consequence of historic Argentine drought: it could lose its position as world's main soy meal exporter

Argentina could soon face the consequences of the historic drought ravaging its agricultural and industrial processing potential. This means the country may soon cease to be the world’s largest exporter of soy-meal, since domestic oilseed production, because of the historic drought is likely to reduced by 36% year-on-year to just 27 million tons in the 2022/23 cycle, said the Rosario Stock Exchange (BCR).
Monday, April 10th 2023 - 10:59 UTC
Mercosur, Canada to resume trade deal talks

Negotiations for an agreement between Mercosur and Canada to eliminate tariffs on industrial and agricultural goods, services, intellectual property, and government purchases are to resume after more than three years, CNN Brazil reported. The initiative had been halted by the Covid-19 pandemic.
Saturday, April 8th 2023 - 10:11 UTC
Uruguay's Health Minister worried about travelers bringing home dengue

Uruguayan health authorities have issued a series of recommendations to nationals of the South American country traveling abroad, particularly to Argentina, for the Easter Weekend due to a surge in the number of dengue cases detected in the neighboring nation. Health Minister Karina Rando stressed that those returning from that country and from Brazil should be attentive to possible symptoms for 10 or 12 days.
Friday, March 31st 2023 - 16:04 UTC
Two-thirds of high-net-worth individuals investing in Uruguay are Argentinean: see details

The sector of investment advisors and portfolio managers in Uruguay grew in the number of clients and employees last year. This sector currently manages the money of 36,170 clients, 63% of whom are Argentine, with a total of US$ 28.93 billion invested in different instruments.