Mercosur

• Monday, February 21st 2022 - 09:58 UTC

  Paraguay could be forced to import soybeans because drought has halved production

  

  The South American drought that has extended to several Argentine provinces and Brazilian states has also hit hard Paraguay, the world's fourth exporter of soybeans. In effect, crops are suffering and the processing industry is running out of supplies.

• Friday, February 18th 2022 - 20:29 UTC

  Uruguayan President promised new investments by Argentine group

  

  Uruguayan President Luis Lacalle Pou met this week with representatives from the Argentine Grupo Werthein to discuss further developments and investments in the country, it was reported.

• Friday, February 18th 2022 - 10:17 UTC

  Uruguayan leisure businesses need help after poor summer season due to Omicron

  

  Uruguay’s hotels and restaurants will seek compensation from the Government for their losses during a summer season which was between “mediocre” and “dire,” as tourism was nowhere near pre-pandemic levels, it was announced.

• Thursday, February 17th 2022 - 10:50 UTC

  Bolsonaro, Putin discuss strengthening bilateral trade and cooperation

  

  Brazil's President Jair Bolsonaro and his Russian colleague Vladimir Putin Wednesday underlined the future importance of the BRICS partnership (Brazil, Russia, India, China and South Africa) and called for a more fluent dialogue between the Mercosur and the Eurasian Economic union (EAEU), according to a joint statement released after their meeting in Moscow.

• Wednesday, February 16th 2022 - 09:55 UTC

  Foreign Ministers of Argentina, Uruguay highlight bilateral increasing trade

  

  Argentina's Foreign Minister Santiago Cafiero Tuesday in Buenos Aires with his Uruguayan counterpart Francisco Bustillo to discuss a 33% increase in bilateral trade, among other issues.

• Monday, February 14th 2022 - 07:45 UTC

  Bolsonaro visits new populist friends, “strong man Putin” and Hungary's Viktor Orban

  

  Brazilian President Jair Bolsonaro is scheduled to arrive in Russia on Tuesday for an official visit, which has been described at a highly awkward diplomatic timing, given the stand-off in Ukraine between Moscow and the Western alliance.

• Saturday, February 12th 2022 - 09:24 UTC

  Fuel goes up in Paraguay, but tanking up in Argentina not an option

  

  The state-run oil company Petróleos Paraguayos (Petropar) has announced an increase in the price of fuel at pumps effective Saturday, Feb. 12, despite previous announcements that there would be no changes until the end of the month.

• Friday, February 11th 2022 - 09:31 UTC

  Argentine opposition to support Congressional approval of IMF deal

  

  Argentina's main opposition political coalition Together for Change (Juntos por el Cambio - JxC) Thursday announced it will support the agreement with the International Monetary Fund (IMF) so as to never “push Argentina to default.”

• Thursday, February 10th 2022 - 09:22 UTC

  Excellent prospects for Mercosur beef exports, except Argentina

  

  The Argentine beef industry is optimistic about world meat production and global demand this year, with China again playing a leading market role. A report issued by Argentina's Rosario Stock Exchange (BCR) and the Mercado Ganadero Department (Rosgan), world beef production will reach 58 million tons, representing a 1% increase over 2021.

• Wednesday, February 2nd 2022 - 09:36 UTC

  Uruguayan exports in January grow 31% annually

  

  Uruguay's exports grew 31% in January of 2022 when compared to the same month last year, it was announced Tuesday in Montevideo. Beef topped the list of products sold abroad, reaching US$ 207 million.