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Montevideo, July 13th 2026 - 01:20 UTC

Mercosur

  • Tuesday, June 14th 2022 - 10:19 UTC

    Mercosur again divided on Ukraine conflict, Argentina and Brazil not in a WTO list condemning “aggression”

    “On the occasion of the 12th Ministerial Conference of the WTO, we reiterate our full support for, and solidarity with, the people of Ukraine,” the joint statement said.

    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.

  • Monday, June 13th 2022 - 23:56 UTC

    Mercosur Summit scheduled for Asunción July 21

    Paraguay holds Mercosur's pro tempore presidency of Mercosur a  d will therefore host the Summit.

    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.

  • Monday, June 13th 2022 - 10:40 UTC

    Uruguay, Brazil agree on zero-tariff for certain products

    The deal is tantamount to an FTA in some regards, according to many observers

    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.

  • Friday, June 10th 2022 - 23:25 UTC

    Sharp increase reported in Argentine intra-Mercosur exports

    Mercosur is a zone of peace, while the world is shattered by the Ukraine conflict

    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.

  • Tuesday, June 7th 2022 - 09:55 UTC

    Ports of Montevideo, Colonia and Buenos Aires had to be closed on Monday due to fog

    Due to reduced visibility, the port of Montevideo closed at around 16:00

    After the strong reduction in visibility registered in the country this Monday due to fog and mist, which according to the Uruguayan Institute of Meteorology (Inumet) will persist until next Thursday, the ports of Montevideo, Colonia, and Buenos Aires decided to close, reported the Uruguayan newspaper El Observador.

  • Friday, June 3rd 2022 - 09:27 UTC

    Different candidates for PAHO chair

    Mercosur has two candidates for PAHO's top job, the Uruguayan Salinas is one of them

    The Pan American Health Organization (PAHO) Thursday announced candidates from Brazil, Colombia, Mexico, Panama, Haiti, and Uruguay were vying to succeed Dominica's Carissa Etienne of Dominica as agency head.

  • Friday, June 3rd 2022 - 09:23 UTC

    Mercosur nationals will need a visa to enter Schengen area

    The ETIAS visa will be required even for stopovers

    Nationals of 15 Latin American countries -including all members of Mercosur- and of 60 countries worldwide will need to apply for a European Travel Information and Authorization System (ETIAS) visa to travel to or through the 26 territories within the so-called Schengen area, effective in 2023.

  • Thursday, June 2nd 2022 - 09:17 UTC

    Argentina to up imports to meet increasing fuel demand

    Smuggling fuel to bordering countries due to the price difference has resulted in recurrent shortages for Argentines.

    Argentina's Federal Government Wednesday announced new measures to guarantee the proper supply of diesel fuel nationwide after governors of the country's 10 Grand North provinces complained last Friday of recurrent shortages.

  • Tuesday, May 31st 2022 - 10:52 UTC

    Elimination of a “Brazil cost” item represents a further 1,5 percentage point reduction in tariffs

    The Ministry of Economy hopes that importers will then pay 10% when entering the country, below the Mercosur External Common Tariff is currently at 11.6%

    The Brazilian government is drafting a presidential decree to change tax revenue mechanisms, which the economic team argues it will lead to a 1.5 percentage point reduction in the rates levied on all imported products. This is part of president Bolsonaro's administration policy of (gradually) opening the Brazilian economy to foreign competition.

  • Thursday, May 26th 2022 - 10:40 UTC

    Brazil cuts down Mercosur external tariffs yet again

    Brazil continues to negotiate with Mercosur partners Argentina, Uruguay, and Paraguay “to make this measure permanent”

    In a move to contain inflation ahead of this year's Oct. 2 elections, Brazil's Chamber of Foreign Trade decided to cut down the Mercosur Common External Tariff (TEC) by 10% on items such as beans, meat, pasta, cookies, rice, and construction materials, the Ministry of Economy announced.