Mercosur

Tuesday, July 6th 2021 - 09:08 UTC
Production of motor vehicles in Argentina shows signs of recovery

The production of motor vehicles in Argentina in June grew 14.5% compared to May's output for a total of 40,035 units, which made up for a 155.7% YoY increase against 2020 figures, it was reported Monday by the Association of Automotive Factories (Adefa).
Thursday, July 1st 2021 - 09:00 UTC
Brazilian industry and unions request suspension of Mercosur talks on reducing the Common External Tariff

The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.
Wednesday, June 30th 2021 - 09:09 UTC
Argentina's economy keeps falling, INDEC data shows

Economic activity in Argentina fell 1.2% monthly in April and accumulated three months of decline, according to data released Tuesday by the National Institute of Statistics and Census (INDEC).
Saturday, June 26th 2021 - 09:49 UTC
Argentina ups restrictions on travellers from abroad

The Government of Argentina has decided to up its restriction on inbound travelers as of Saturday, in a move to prevent further cases of the SARS-Cov-2 Delta variant from entering the country.
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.