Mercosur

• Tuesday, July 13th 2021 - 09:44 UTC

  Nine more cases of Delta variant detected in Argentina, all of them were travellers from abroad

  

  Argentine authorities have confirmed the detection of nine more cases of the coronavirus Delta variant, the Health Ministry announced Monday through a statement.

• Tuesday, July 13th 2021 - 09:00 UTC

  Latam expected to grow 5,2% this year but 2,9% in 2022: structural problems remain, ECLAC report

  

  The Economic Commission for Latin America and the Caribbean (ECLAC) raised its average growth estimate for the region in 2021 to 5.2%, reflecting a rebound from the deep contraction of 6.8% registered in 2020 as a consequence of the adverse effects of the COVID-19 pandemic.

• Friday, July 9th 2021 - 09:55 UTC

  Uruguay insists it has no intention of infringing Mercosur rules, just increasing trade opportunities

  

  The Mercosur trade block, now under the chair of Brazil for the next six months, will be facing one of its most significant potential disruption challenges after the virtual summit with the presidents of the four founding members openly exposing their differences, despite a limited coverage of the event.

• Thursday, July 8th 2021 - 09:58 UTC

  Uruguay swears allegiance to Mercosur, but will negotiate independently with third countries

  

  On the eve of Thursday's Mercosur summit, Uruguay informed its partners that it will proceed with negotiations, expecting to reach trade agreements with third parties or blocks, outside of the four founding members group.

• Tuesday, July 6th 2021 - 09:56 UTC

  Migrations Chief admits Argentine borders with neighboring countries may reopen soon, depending on vaccination rate

  

  Argentina's Migrations Director Florencia Carignano Monday said reopening borders with neighbouring countries was under consideration for when vaccination has reached a larger number of people.

• Tuesday, July 6th 2021 - 09:55 UTC

  Uruguay's yearly inflation set at 7.33% after Monday's figures

  

  Uruguay's yearly Consumer Price Index (CPI) was 7.33% as per data released Monday by the National Institute of Statistics (INE), slightly above the government's target.

• Tuesday, July 6th 2021 - 09:08 UTC

  Production of motor vehicles in Argentina shows signs of recovery

  

  The production of motor vehicles in Argentina in June grew 14.5% compared to May's output for a total of 40,035 units, which made up for a 155.7% YoY increase against 2020 figures, it was reported Monday by the Association of Automotive Factories (Adefa).

• Thursday, July 1st 2021 - 09:00 UTC

  Brazilian industry and unions request suspension of Mercosur talks on reducing the Common External Tariff

  

  The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.

• Wednesday, June 30th 2021 - 09:09 UTC

  Argentina's economy keeps falling, INDEC data shows

  

  Economic activity in Argentina fell 1.2% monthly in April and accumulated three months of decline, according to data released Tuesday by the National Institute of Statistics and Census (INDEC).

• Saturday, June 26th 2021 - 09:49 UTC

  Argentina ups restrictions on travellers from abroad

  

  The Government of Argentina has decided to up its restriction on inbound travelers as of Saturday, in a move to prevent further cases of the SARS-Cov-2 Delta variant from entering the country.