Mercosur

• 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.

• Monday, May 31st 2021 - 09:06 UTC

  Caricom-Mercosur Chamber to attend WHO forum on post covid-19 trade

  

  The World Trade Organization (WTO) has invited the Inter-Regional CARICOM–MERCOSUR Trade Council (CCICaMe) to take part in the 2021 Public Forum “Trade after covid-19: Building Resilience,” to be held at its headquarters in Geneva, Switzerland, it was announced.

• Saturday, May 29th 2021 - 09:16 UTC

  Paraguay's Central Bank keeps interest rates at 0.75%; eyes 4% yearly inflation

  

  After a study through which it was determined that international factors remained favourable. Paraguay's Central Bank (BCP) Friday announced that its Monetary Policy Committee (CPM) unanimously decided to maintain the monetary policy interest rate at 0.75% annually.

• Friday, May 28th 2021 - 09:53 UTC

  Minister Guedes says Brazil favors the modernizing of Mercosur

  

  “We are liberal but not stupid,” said Brazil's Economy Minister Paulo Guedes Thursday during a virtual event where he explained that his country has no intention of leaving Mercosur, but it does want to modernize it.

• Thursday, May 27th 2021 - 09:50 UTC

  Spain eyes Latin America and Mercosur for its new international economy strategy

  

  Spanish Prime Minister Pedro Sánchez Wednesday said his country intends to have a greater presence in Latin American markets and for that it is willing to invest more than 4,5 billion euros (almost US $ 5,5 billion).

• Thursday, May 20th 2021 - 09:32 UTC

  Brazil wants Mercosur to agree on a 20% reduction of the Common External Tariff

  

  Brazil is determined that Mercosur's Common External Tariff, TEC, be reduced by 20% in two rounds of unilateral cuts, 10% immediately, and the other 10% in December. This is the official strategy and position of Brazil for the extraordinary meeting in June of the four founding members of the group, in Buenos Aires, underlined Lucas Ferraz, foreign trade secretary of the Brazilian Ministry of the economy.

• Tuesday, May 18th 2021 - 08:40 UTC

  Former Macrist advisor seeks political asylum in Uruguay

  

  Fabián “Pepín” Rodríguez Simón Monday, a former legal advisor to the City of Buenos Aires run by former President Mauricio Macri's Cambiemos alliance, has requested political asylum as a refugee in Uruguay, it was reported.

• Saturday, May 15th 2021 - 08:55 UTC

  Lula, CFK seal alliance regarding education of future political leaders

  

  Former Argentine President and current Vice President Cristina Fernández de Kirchner (CFK) and former Brazilian President Luis Inacio Lula Da Silva Friday agreed to join forces for the future of the region.

• Friday, May 14th 2021 - 09:30 UTC

  Investor confidence in Uruguay allows for local currency bond issue

  

  Uruguay placed on the market a new 10-year peso bond for the equivalent of US $ 1,166 million at an interest rate of 8.25% per year, reported the Minister of Economy, Azucena Arbeleche. It is the lowest interest rate in the historical comparison of emissions by Uruguay.