Argentina's Productive Development Minister Daniel Scioli is taking center stage this week as he leaves Wednesday for Sao Paulo on a mission to overcome the sustained trade deficit between his country and Brazil, where he has served as Ambassador up until last month when he was summoned to Buenos Aires to replace Matías Kulfas.
A Montevideo Court of Appeals has denied Fabián “Pepín” Rodríguez Simón's asylum request, it was announced Monday.
Ukrainian President Volodymyr Zelenski Wednesday asked his Paraguayan colleague Mario Abdo Benítez to bring the other Mercosur leaders to support his war-torn country through its plight following Russia's invasion.
Brazil's Superior Electoral Court (TSE) Friday reached an agreement with the Montevideo-based Parliament of Mercosur (Parlasur) to act as an external observer of the Oct. 2 presidential elections.
Once Brazil has been admitted to the Organization for Economic Cooperation and Development, OECD, the ratification process for the Mercosur/European Union trade agreement, will become more viable, according to Brazilian foreign minister Carlos Franca.
Brazil's opposition presidential candidate Luiz Inácio Lula Da Silva has released his government plan, which includes international cooperation, new labor legislation, and differentiated taxation on the wealthiest.
Over 50 WTO members agreed a statement at the WTO's 12th Ministerial Conference (MC12), in full support of Ukraine, and condemning aggression. However, Mercosur was divided on the issue, while Uruguay and Paraguay figured among the over fifty, Argentina and Brazil were absent.
Mercosur Foreign Ministers Monday agreed to hold the upcoming Summit of the Group in Asunción on July 21. It will be the first face-to-face encounter of all four regional leaders since all previous meetings involving all four current leaders were all held virtually due to the COVID-19 pandemic.
While the spotlight at the Summit of the Americas was focused on heads of state not shaking hands and some countries being excluded, the Foreign Ministers of Uruguay and Brazil agreed on a zero tariff in free trade zones and special customs areas for an unlimited period of time.
Argentina has recorded a sharp increase in intra-Mercosur exports, with trade reaching its highest figures in 7 years, it was reported in Buenos Aires. Intra-Mercosur trade during 2021 reached US$ 41 billion and achieved the highest value since 2014, while Argentine exports to the bloc exceeded US$ 14 billion, according to the CXXIII Meeting of the Common Market Group (GMC) in Asunción.