Uruguayan Foreign Minister Francisco Bustillo received on Tuesday his Brazilian counterpart Carlos França at the headquarters of the Ministry of Foreign Affairs in Montevideo to discuss, among other issues, Mercosur's flexibilization and the reduction of the common external tariff.
Brazil is in discussions with the United States for a truce that would allow Brazilian companies to buy fertilizers from Iran. Because the United States has imposed sanctions on Iran, Brazilian firms are hesitant to purchase Iranian fertilizers as doing business with Iran might provoke a reaction from the US.
Brazilian fertilizer stocks amount to at least 13 million tons, including the inputs that have been already internalized and the ones that have been ordered. The statement comes from David Roquetti Filho, a former board member of ANDA, Brazil's National Association for Fertilizer Diffusion, and currently an independent business consultant.
Paraguay and Brazil have exchanged reverse notes on the creation of the Itaipu Binational Accounts Commission last week during an official visit from Foreign Minister Euclides Acevedo to Brasilia, it was announced.
Silence prevailed Monday in Montevideo after Uruguay's Foreign Minister Francisco Bustillo Monday welcomed his Brazilian counterpart Carlos França to discuss bilateral issues, particularly a possible 10% reduction of Common External Tariffs among Mercosur members.
The Governments of Argentina and Brazil Friday agreed to cut down the common external tariffs (CET) by 10% “in a very wide universe of products” after months of tensions among members of Mercosur on the issue.
Argentine Foreign Ministry Santiago Cafiero is to travel to Brasilia by the end of the week in a move to patch things up between President Alberto Fernández and his Brazilian colleague Jair Bolsonaro, ahead of the upcoming Mercosur summit.
Brazil's Foreign Minister Carlos França Thursday expressed his country's intentions to expand and diversify its economic and trade relations with China, which has grown to become its largest trading partner.