Mercosur

Monday, September 3rd 2018 - 19:17 UTC
Macri admits the seriousness of the situation and Dujovne is off to meet with IMF

President Mauricio Macri unveiled plans on Monday to raise export taxes on grains and slash the number of government ministries in a bid to balance its budget next year, as Argentina seeks a deal with the IMF to accelerate a US$ 50 billion standby loan program.
Saturday, September 1st 2018 - 08:00 UTC
Mercosur expecting a “move” from the EU at this month's negotiations in Montevideo

Brazil's Foreign Minister Aloysio Nunes said he expects more “movement” from the European Union as long running talks on a free trade deal with his South American bloc Mercosur head into the home stretch.
Monday, August 27th 2018 - 06:58 UTC
Auto industry, beef and sugar, remain hurdles for a Mercosur/EU deal

Negotiators of a free trade deal between the European Union and Mercosur want to wrap up by September, but differences over beef, sugar and the auto industry could dash those hopes, Brazilian foreign minister Aloysio Nunes said. Issues over intellectual property, rules of origin and marine shipping services also need to be nailed down, Nunes said in an interview.
Thursday, August 16th 2018 - 22:42 UTC
Brazil corn production next season could reach a first time 100m tons

Brazilian farmers are expected to plant a record amount of soybean acres this coming season, encouraged by strong demand from China, and yield a record harvest next year, consultancy Céleres said in its first forecast for the new cycle. The next crop cycle in Brazil, the world's No. 1 soybean exporter, begins in September.
Thursday, August 16th 2018 - 22:12 UTC
Mercosur reliance on China and industrial protectionism, challenges for a deal with EU

Mercosur excessive reliance on exports to China and industrial protectionism in chemicals are core stumbling blocks to reaching a free trade agreement (FTA) with the EU, a policy paper published by the 28-country bloc released on Monday.
Sunday, August 5th 2018 - 11:35 UTC
Despite jail sentence, Lula nominated candidate for October's presidential election

Brazil's leftist Workers' Party nominated its charismatic founder Luiz Inacio Lula da Silva for the upcoming presidential contest on Saturday despite him being imprisoned for corruption. In a message from Lula read to the party convention in Sao Paulo, he said, “Brazil needs to restore its democracy.” Although serving a 12-year sentence for corruption, Lula, 72, remains by far the frontrunner in opinion polls.
Thursday, July 26th 2018 - 19:47 UTC
Falklands chooses Latam as preferred operator for a second flight

The Chilean/Brazilian Latam airline has been chosen by the Falkland Islands Government as the preferred operator to provide a second commercial flight between the Falkland Islands and South America. The official announcement was made on Thursday, 26 July.
Tuesday, July 24th 2018 - 21:27 UTC
Singapore and Mercosur confirm negotiations for a free trade agreement

Mercosur and Singapore have started negotiations for a free trade agreement, officials from both sides announced on Monday on the sidelines of the 13th Pacific Alliance Summit held in Puerto Vallarta, Mexico.
Tuesday, July 24th 2018 - 02:41 UTC
G20 begin talks on global rules to tax the digital economy

European finance leaders called for progress on global rules to tax the digital economy at a meeting of G20 finance ministers and central bankers in Argentina on Sunday, putting them at odds with U.S. counterparts.
Friday, July 20th 2018 - 10:32 UTC
EU/Mercosur trade deal has a new timetable: September in Montevideo

A free trade agreement between the European Union and Mercosur is close to being concluded, with a final push over the line seen by early September, Argentina’s foreign minister said on Thursday. Negotiations between the EU and the Mercosur group of Argentina, Brazil, Paraguay and Uruguay, the world’s fourth largest trading bloc, have been going on for almost 20 years.