It's been more than two decades since the negotiations began. Yet, geopolitical conditions have never been favorable to ratify the agreement between the European Union (EU) and Mercosur. However, the Minister of Foreign Affairs of Uruguay, Francisco Bustillo, said Tuesday during a press conference that there is “a window of opportunity” to ratify the accord between the European and South American blocs in 2023, during the pro tempore rulings of Spain and Brazil in each group.Add your comment!
Italy and the European Union entered Monday into a period of uncertainty after the victory in the legislative elections of Giorgia Meloni, at the head of a far-right and right-wing coalition that faces great challenges.Add your comment!
Brazil and the European Union (EU) have reached a bilateral agreement on agricultural commodity quotas to adapt them to the bloc’s change in size following the Brexit departure of the United Kingdom. Under the new agreement, EU will reduce quotas, but, in return, UK decided to open others proportionately, thus preserving Brazil’s export window for both markets.
European Union lawmakers have backed a proposal for a law that would ban the sale in the 27-nation bloc of agriculture products linked to the destruction of forests, and human rights violations. The bill was supported by 453 votes, to 57 with 123 abstentions. The EU Parliament will now start negotiations on the final text with EU member states.
The European Union’s General Court on Wednesday confirmed an antitrust ruling against Google’s for dominance of its search engine, but reduced the fine to 4.125 billion Euros (US$ 4.12 billion) from 4.34 billion Euros.
Uruguayan Foreign Minister Francisco Bustillo is off on a European tour seeking to further develop his country's trade ties as the last inflation index showed the government of President Luis Lacalle Pou was already above its 2022 targets.
On September 5, hopefully the conservative party will have a new leader and the British government should be back on track, leaving aside Boris Johnson. However, in the meantime prices of food and energy have soared and the country is under stress from a raft of industrial actions, the latest of which Felixstowe, Britain's largest container port, with staff walking out of their jobs for an 8-day strike on Sunday demanding better pay to meet the cost of living.
The European Union has noticed of Russia's and China's advancements in Latin America and is devising a series of measures to counter those effects and avoid losing its traditional partners, it was reported.
Brazilian steel industry sales have ballooned since the start of the war in Ukraine sparked by the Russian invasion of its territory, which began in February. According to Steel Institute data, shipments of the metal raw material to the European Union increased by more than 830% in the first five months of this year, y-to-y, coinciding with the period of warfare in Eastern Europe.
The Danish pharmaceutical company Bavarian Nordic Monday received the green light from the European Commission to use the Imvanex vaccine against monkeypox in the European Union, as well as in Iceland, Liechtenstein, and Norway.