Mercosur

Thursday, December 14th 2017 - 05:53 UTC
Mercosur/EU accord will have to wait until 2018; Europe needs more time to assess latest proposal

Negotiations for a trade deal between the European Union and Mercosur will extend into next year, officials from both sides said on Wednesday, after the Europeans asked for more time to analyze proposed changes.
Wednesday, December 13th 2017 - 08:03 UTC
Mercosur/EU ever so close but the accord has yet to be grasped, maybe 2018

The talks between the European Union and Mercosur will likely extend into next year after European negotiators said they needed more time to respond to improved offers, a source from Mercosur negotiators said on Tuesday.
Tuesday, December 12th 2017 - 10:34 UTC
Mercosur/EU hurdles remain, and a deal announcement might not be reached this week

Free-trade talks between the European Union and Mercosur still face hurdles over beef and ethanol, and an expected deal announcement this week might not happen, officials involved in negotiations admitted on Monday. Mercosur diplomats on the sidelines of the World Trade Organization ministerial meeting in Buenos Aires said EU officials had not presented improved offers on EU tariff-free imports for beef and ethanol as promised.
Tuesday, December 12th 2017 - 09:02 UTC
Irish and French argue “a win for Mercosur in agriculture is a loss for EU farmers”

Irish MEP and vice-president of the European Parliament Mairead McGuinness is representing the European Parliament at the ministerial assembly on the World Trade Organization (WTO) in Argentina, which began on Sunday, and has warned that rushing towards a Mercosur/European Union deal would jeopardize the EU beef industry.
Monday, December 11th 2017 - 04:57 UTC
Mercosur/EU closer to an agreement but differences on new farm proposal remain undecided

The European Union’s farm chief pressed Mercosur countries to offer market access for EU wines, spirits, olive oil and dairy goods to help seal a free-trade agreement that has been in the works for two decades.
Saturday, December 9th 2017 - 19:51 UTC
Brazilian auto industry recovering above expectations

Auto sales in Brazil are likely to beat prior forecasts and accelerate next year, national automakers association Anfavea said on Wednesday, underscoring the gathering strength of a recovery in Latin America’s largest economy.
Saturday, December 9th 2017 - 19:12 UTC
Brazilian economy gradually picking up with growing confidence from investors

Brazil’s economic recovery gained traction in the third quarter, supported by steady family consumption and a rebound in investment. GDP expanded 0.1% from the second quarter and 1.4% from the previous year, the national statistics agency said.
Thursday, December 7th 2017 - 09:01 UTC
Mercosur and EU confident a framework agreement will be announced this month

Mercosur is confident a framework agreement with the European Union will be announced next week despite resistance from farmers in Europe to permit tariff-free beef imports, a Mercosur official said. “There is more than a 70% chance of reaching a deal,” said the official close to the negotiations that have dragged on for almost two decades.
Friday, December 1st 2017 - 18:38 UTC
Brazilian crucial pension reform bill needs 308 votes, but is still 46 short

Brazil’s lower house Speaker Rodrigo Maia said on Monday he will try to pass a fiscally crucial pension reform bill this year in the chamber, but he told reporters he would only put the measure to the vote if it has enough support.
Monday, November 27th 2017 - 06:54 UTC
New round of EU/Mercosur talks in Brussels: agriculture main concern for France, Ireland, and Poland

Brussels will seek to drive forward negotiations on a far-reaching trade deal with Mercosur this week despite warnings from France and other EU members that they are reaching the limit of the concessions they can tolerate on beef and other sensitive agricultural products, according to a report from the Financial Times.