Mercosur

• Thursday, May 4th 2023 - 10:40 UTC

  “Argentina extremely cheap,” says Uruguayan president

  

  Uruguayan President Luis Lacalle Pou said his country has a problem with prices in Argentine being so low due to a favorable exchange rate that people cross the border to do their shopping.

• Tuesday, May 2nd 2023 - 10:57 UTC

  Massa to broker imports from Brazil paid in Argentine pesos

  

  Argentina's Economy Minister Sergio Massa will travel to Brazil alongside President Alberto Fernández to find credit alternatives through which to spend fewer dollars in bilateral trade, it was reported.

• Monday, May 1st 2023 - 10:44 UTC

  Colorado Party's Peña wins Paraguayan elections

  

  Santiago Peña of the ruling National Republican Association (ANR), also known as the Colorado Party, won Sunday's elections in Paraguay and will become the South American country's new president on Aug. 15, it was reported in Asunción. Turnout stood at 63.11% despite voting being mandatory.

• 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).