Bolivia's Foreign Trade Vice Minister Benjamín Blanco downplayed any risk that Brazil might opt out of the Bioceanic Railway Integration Corridor (CFBI) after the Brazilian ambassador said on Friday it was not a priority, amid fears that given the political differences between the two countries, the Bolsonaro administration might prefer a similar project with Argentina and Chile.
Argentina’s energy secretary says improper reprogramming of the electricity system following the installation of a bypass on a major transmission line caused the power outage that left tens of millions of people in three nations without power.
Fisheries exports from Mercosur member countries which now face tariffs ranging from 8% to 15% in the European Union will see them gradually disappear during a seven-year period, according to the terms of the wide-ranging strategic trade and cooperation agreement signed this week between the two blocks.
Brazilian President Jair Bolsonaro said on Sunday that it could take up to three years for the free-trade deal agreed by the European Union and Mercosur to come into force, as it depends on approvals by lawmakers of all countries involved.
Argentina foiled an international gang dedicated to arms trafficking following raids in several provinces and eight months of committed criminal intelligence, according to Security minister Patricia Bullrich.
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.
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.
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.
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.
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.