Mercosur

• Thursday, June 24th 2021 - 09:22 UTC

  Uruguay's blooming economy shows covid-induced setback

  

  Uruguay's Gross Domestic Product (GDP) fell 2.8% in the first quarter of 2021 compared to the same period of 2020, according to a Central Bank (BCU) report released Wednesday.

• Saturday, June 19th 2021 - 09:53 UTC

  Uruguay makes donation of 12,000 AstraZeneca vaccines to Paraguay

  

  Uruguayan health authorities Friday made a donation to Paraguay of 12,000 doses of the AstraZeneca anticovid-19 vaccine, some of which are due to expire June 28 and the rest by the end of August, it was announced.

• Thursday, June 17th 2021 - 09:40 UTC

  May's inflation in Argentina was 3.3%: What will happen after the elections?

  

  Argentina's inflation in May was 3.3% for a year-on-year accumulation of 48.8%, the highest mark since March 2020, according to the National Institute of Statistics and Census (INDEC)

• Saturday, June 12th 2021 - 09:55 UTC

  Argentina still resists drive to make Mercosur more flexible

  

  A top official from the Argentine Government spoke yet again against a bid from Brazil and Uruguay to make Mercosur more flexible and allow members to broker one-on-one deals with other countries or blocs.

• Friday, June 11th 2021 - 09:35 UTC

  Lacalle announces free trade zone coming up in Uruguayan department of Maldonado

  

  Uruguayan President Luis Lacalle Pou announced Thursday in La Capuera that plans were underway to create a free trade zone in the department of Maldonado.

• Wednesday, June 9th 2021 - 09:20 UTC

  Maersk encouraged by the boom in global trade and container business

  

  The growth of China’s exports to the United States is expected to boost global trade in 2021, according to Moller-Maersk. The logistics company predicts that global container trade is expected to increase between 5% and 7% in 2021 as consumers shift their demands, prioritizing the purchase of consumer goods over services.

• Monday, June 7th 2021 - 09:05 UTC

  Cardoso and Lula da Silva support Argentina in the Mercosur tariff reduction controversy

  

  Former Brazilian presidents Fernando Henrique Cardoso and Lula da Silva signed a statement in which they support Argentina's position in the Mercosur controversy regarding a flat unilateral tariff reduction as sponsored by president Jair Bolsonaro, with the backing of Uruguay, but rejected by President Alberto Fernandez.

• Saturday, June 5th 2021 - 09:47 UTC

  Uruguayan ministers travel to Paraguay to discuss flexibilization of Mercosur

  

  Uruguay's Economy Minister Azucena Arbeleche and Foreign Minister Francisco Bustillo travelled to Paraguay Friday to discuss with the local administration of President Mario Abdo Benítez new steps towards flexibilities Mercosur's rules.

• Friday, June 4th 2021 - 09:55 UTC

  Lacalle Pou wants Uruguay to compete in an unprotected foreign trade scenario

  

  Uruguayan President Luis Lacalle Pou said Thursday during the virtual Export Day celebrations that “we like to play on a large court, and not on a small, protected one.”

• Wednesday, June 2nd 2021 - 08:57 UTC

  Argentina's trade with Brazil at its highest since 2018

  

  A report released Tuesday showed that Argentina's trade with neighbour Brazil has reached its highest level since 2018, exports reaching US $ 4.2 billion until May, 33% better than in the first five months of last year, but 6% lower than the same period of 2019.