Mercosur

• Tuesday, June 18th 2019 - 09:54 UTC

  Argentina opens an official inquiry into Sunday's massive blackout

  

  Argentina has opened an inquiry into what caused a massive blackout that left nearly 50 million people without power, Energy Minister Gustavo Lopetegui said on Monday.

• Tuesday, June 18th 2019 - 08:52 UTC

  Agreement to implement an ambitious Plata basin that benefits six countries

  

  The Organization of American States (OAS) and the Intergovernmental Coordinating Committee of the countries of the Plata Basin (CIC) signed an agreement on Monday for the project “Preparing the ground for the Implementation of the Strategic Action Program for the La Plata Basin,” during a ceremony at OAS headquarters in Washington, DC.

• Monday, June 17th 2019 - 09:55 UTC

  Massive blackout hits Mercosur; Argentina and Uruguay in the dark for six hours; major investigation promised

  

  A massive blackout left tens of millions of people without electricity in Argentina, Uruguay, Paraguay and parts of Chile and southern Brazil on Sunday. The Argentine president called it an “unprecedented” failure in the countries' interconnected power grid.

• Tuesday, June 11th 2019 - 08:05 UTC

  Paraguayan president will visit Bolivia and sign a dozen cooperation accords

  

  The first bi-national Bolivia-Paraguay partnership scheduled for this week will result in at least twelve cooperation agreements between the two nations, announced Paraguayan Ambassador in La Paz Terumi Matsuo.

• Friday, June 7th 2019 - 09:59 UTC

  Bolsonaro and Macri announce the EU/Mercosur trade deal is “imminent”

  

  The presidents of Argentina and Brazil said on Thursday that an agreement is imminent on a free trade agreement between the European Union and Mercosur. Brazil's President Jair Bolsonaro and Argentina's Mauricio Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.

• Thursday, June 6th 2019 - 09:58 UTC

  Mercosur's Common External Tax in the agenda Bolsonaro will discuss with Macri in Buenos Aires

  

  Brazil and Argentina have started discussing a reduction in the common external tariff (TEC) of the Mercosur trade block, sources in both governments revealed on Wednesday, as their market-friendly presidents look to boost economic growth.

• Friday, May 10th 2019 - 09:57 UTC

  Brazil confident of a Mercosur/EU trade accord in coming weeks

  

  The European Union and Mercosur will likely close a trade agreement in the near future, Brazil’s Foreign Trade Secretary Lucas Ferraz said in an interview with Bloomberg. “We’ve never been so close,” Ferraz said adding, “we’ve advanced more in four months than in 20 years”.

• Thursday, May 9th 2019 - 09:24 UTC

  Argentina auto exporters will receive a 6.5% tax refund for sales to Mercosur

  

  Argentina will give its auto exporters a larger tax rebate to help stimulate the flagging local sector that has been hit hard by a consumption slump and economic crisis in Latin America’s No. 3 economy.

• Friday, March 29th 2019 - 18:39 UTC

  Montevideo: The most expensive city and the best place to live in Latin America?

  

  The Uruguayan capital is the most expensive and the best to live in the region. At least that's what the studies of The Economist, which positioned Montevideo behind Mexico City in terms of cost, and the consultancy Mercer, which places the capital at the top of Latin American quality of life ranking, revealed in publications made this month. El País (Madrid) explains that Montevideo has a “crazy decadent charm”. However, why does this phenomenon occur?

• Thursday, March 21st 2019 - 06:30 UTC

  Mercosur farmers protest Bolsonaro's decision to allow US wheat imports free of tariffs

  

  Farmers in Brazil and Argentina are concerned about Brazilian President Jair Bolsonaro's agreement to import 750,000 tons of wheat from the United States and other countries outside the Mercosur trade bloc without the 10% tariff that is usually required for such purchases.