
Uruguay's President Luis Lacalle Pou Tuesday announced his country had begun negotiations with China to reach a Free Trade Agreement (FTA), which has been regarded as the beginning of the end of Mercosur.

The Brazilian National Confederation of Industry, CNI, has launched a Brazil/UK Task Group to explore and identify trade and investment opportunities in both countries, as part of the UK initiative to increase and open markets in the post-Brexit scenario.

France's President Emmanuel Macron Friday insisted his government would oppose the trade deal between the European Union and Mercosur due to incompatible differences regarding climate issues.

Paraguay's Foreign Minister Euclides Acevedo Friday insisted on discussing the reopening of the land borders with Argentina right after the Sept. 12 Open Primary, Simultaneous and Mandatory (PASO) elections.

An investment worth US $ 64 million has been pledged by Pepsi Cola to increase production in the Uruguayan free trade zone of Colonia del Sacramento on the River Plate's East bank.

Argentine sales to Brazil in August 2021 have reached their pinnacle in the last three years, but there is still a trade deficit. The country stands behind China and the United States in the list of suppliers to South America's largest economy, it was announced Wednesday.

Disruptions of global maritime transport and major rivers struck by insufficient water flow to allow vessels to navigate are threatening beef exports Mercosur, including Brazil, Uruguay and Paraguay, when prices for food commodities are rising all over the world.

Foreign owners of real estate property in the country will be allowed back into Uruguay starting September 1 and bring along family members up to the second degree, provided they have all been fully vaccinated against COVID-19.

Restrictions on meat exports imposed on producers by the Argentine administration of President Alberto Fernández, in a failed attempt to curb domestic prices, have led the country to lose ground to Uruguayan and Paraguayan competitors, Infobae reported Wednesday.

Brazilian Economy minister Paulo Guedes told Congress that Mercosur no longer has for Brazil the same importance it had when it was launched, a kind of jumping board for the country to advance in competition terms.