Mercosur

Wednesday, October 14th 2020 - 09:27 UTC
Argentine economy to fall 11.8% in 2020 and rebound 4.9% in 2021, according to IMF

The International Monetary Fund (IMF) forecasts that the Argentine economy will fall by 11.8% this year, and rebound by 4.9% in 2021, the credit agency announced. This was stated in the Economic Outlook Report (WEO) called “A long and difficult road uphill”, where as a result of the pandemic it estimated a fall in world GDP of 4.4% and a recovery of 5.2% by 2021.
Monday, October 12th 2020 - 09:15 UTC
Argentina approves growing GM drought resistant wheat; needs OK from its principal market, Brazil

Argentina has become the first country to approve the growth and consumption of genetically modified wheat, the country's agriculture ministry announced. The ministry's scientific commission said in a statement released in Buenos Aires that it had approved a drought-resistant variety of wheat in the world's fourth-largest exporter of the crop.
Friday, October 9th 2020 - 09:55 UTC
After rejecting Mercosur trade deal on climate demands, EU parliament votes to drastically cut greenhouse gases by 2030

European Union lawmakers have backed a plan to cut greenhouse gases by 60% from 1990 levels by 2030, hoping member states will not try to water the target down during upcoming negotiations.
Tuesday, September 29th 2020 - 09:55 UTC
Brazilian farmers' lobbies divided over EU complaints of Amazon deforestation

Brazil's biggest lobby group for soy farmers Aprosoja has broken ties with the Brazil Agribusiness Association (Abag) over its support for an initiative calling on the Brazilian government to rein in soaring deforestation in the Amazon rainforest.
Monday, September 28th 2020 - 09:15 UTC
Mercosur hosts World Tourism Day 2020 official celebrations

For the first time in the history of World Tourism Day, the 2020 official celebration will be hosted by a group of countries and not a single UNWTO Member State. The cross-border cooperation of Mercosur Member States (Argentina, Brazil, Paraguay, Uruguay plus Chile, Member Associate) reflects the current need for international solidarity and cooperation. This is especially true for tourism, working together towards a common goal.
Friday, September 25th 2020 - 09:35 UTC
Mercosur deal is “parked indefinitely”, agree German and Irish ministers

Ireland dairy industry has praised the German Agriculture Minister Julia Klöckner who has said she is not going to push forward efforts to seal the Mercosur Trade agreement and underlined she had serious concerns over the deal.
Wednesday, September 23rd 2020 - 08:54 UTC
EU/Mercosur trade deal ratification delay: Brazil accuses France of “protectionist interests”

Brazil hit back Tuesday at European reluctance to finalize a trade deal between the EU and Mercosur blocs over concerns about Amazon deforestation, saying a French report on the issue was motivated by “protectionist interests.”
Tuesday, September 22nd 2020 - 08:57 UTC
EU conditions ratification of trade deal with Mercosur: France and Germany lead objections

The European Union expects a clear commitment from Mercosur countries, particularly Brazil, that it will respect the sustainability issues included in the EU/Mercosur trade agreement, before any deal is ratified.
Saturday, September 12th 2020 - 10:55 UTC
Argentina regrets the presence of Falklands' stand at the Prado Rural Show

The display of a stand promoting the disputed “Islas Malvinas” as a British dependency, at the UK pavilion in a Uruguayan agriculture and productions show, was rejected by the Argentine government.
Saturday, September 5th 2020 - 07:53 UTC
Death of two Argentine minors causes diplomatic rift with Paraguay

Argentina has asked for an explanation from Paraguay about the deaths in a police and military operation against a terrorist group of two 11-year-old girls it said were Argentine citizens.