One of Mercosur ‘main obstacles’ is political and has its origin in Argentina, a country that is ‘extremely protectionist’, said the president of Brazil’s National Agriculture Confederation, CAN, Senator Katia Abreu currently in Brussels promoting the idea of a bilateral Brazil/EU free trade agreement.
Paraguay must continue suspended from Mercosur following the group’s presidential summit on Friday, anticipated the head of the Latin American desk from the Brazilian Foreign ministry, Antonio Jose Ferreira Simoes.
Foreign minister David Choquehuanca argued that Bolivia can become a full member of Mercosur and continue with the Community of Andean Nations, CAN, and can’t be forced to abandon a block to join another.
Argentina and Brazil will experience an economic slowdown this year compared to 2011, while Paraguay, punished by drought and an outbreak of foot and mouth disease, will have the worst performance in Latin America, and Peru the best, according to the Argentine consultants Ecolatina
Colombia aims to be Latin America's third largest economy after Brazil and Mexico by 2015, said the country's trade minister this week during a business conference in Madrid.
Ecuadorean president Rafael Correa said he was satisfied with having presented an official request for his country to join Mercosur and also called for closer links between Mercosur and the Andean Nations Community, CAN.
Venezuelan president Hugo Chavez and his visiting Colombian counterpart Juan Manuel Santos subscribed Monday a trade understanding covering 3.500 items, based on the most exchanged products in recent years, and agreed on an ambitious energy projects that include neighbouring Ecuador and Panama.
The Venezuelan-Colombian Chamber for Economic Integration (Cavecol) has formally requested national authorities that Venezuela re-joins the Andean Community of Nations, CAN, from which it pulled out three months ago following the original decision dating back to 2006.
The twelve leaders of UNASUR (Union of South American Nations) will be meeting in Lima, Thursday following on the taking office ceremony of Peruvian president Ollanta Humala. All twelve presidents have confirmed attendance with the exception of Venezuela’s Hugo Chavez undergoing cancer treatment.
While for the Venezuelan government Mercosur has become the main priority following its recent exit from the Community of Andean Nations, CAN, the country’s private sector claims it is the worst moment possible for such a move.