
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.

Uruguayan President Luis Lacalle Pou Friday insisted his country could not compete with Argentina's prices due to the difference in currency exchange rates and pledges to advance new measures to help businesses in bordering areas heavily affected by residents doing their shopping on the other side.

Officials and exporters in Asunción continue to object to Argentina's announcement that shipments through the Paraná River Waterway will have to pay a toll, which would generate an extra cost of 7%.