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.
Former Vice President and current Argentina's Ambassador to Brazil Daniel Scioli said this week that once President-elect Luiz Inácio Lula Da Silva takes office on Jan. 1 there will be very important advances in bilateral relations.
The Presidents of France, Colombia, and Argentina Friday discussed in Paris possible ways out of Venezuela's crisis which has sparked a large-scale migration of citizens of that oil-rich South American country.