Scottish farmers have openly expressed their opposition to the ongoing trade talks between the European Union and Mercosur demanding guarantees on human health, animal health and food safety before any additional access for imported products from the South American block is agreed.
Chilean president Sebastian Piñera said that Mercosur privileged integration among its members but forgot about integration with the rest of the world.
Aegis, the outsourcing services arm of steel-to-shipping conglomerate Essar Group on Tuesday said it has signed an agreement to acquire Argentine business process outsourcing firm, Actionline.
The potential for expanding trade and investments with Mercosur was underlined by the Federation of Indian Chambers of Commerce and Industry, Fecci, following on last month’s visit to the region by a delegation of Indian business people.
Mercosur reached a political agreement to review the composition and election of the group’s Parliament, Parlasur. Under the new system to be implemented in several years the number of seats will be increased based on proportional representation and members of Parlasur will be chosen by direct universal vote.
Argentine Foreign Affairs minister Hector Timerman thanked his Mercosur counterparts for renewing their support towards Argentina for its legitimate, constant and unlimited right to claim the Malvinas Islands' sovereignty to the United Kingdom.
Argentina and Brazil’s Foreign Affairs ministers, Hector Timerman and Celso Amorim are expected Monday in Montevideo to report to the Mercosur parliament on the current situation of the regional block and future steps.
World Bank's Chief Economist for Latin America and the Caribbean Augusto de la Torre said that the Latin American economy will grow between 5.5 and 6% this year spurred mostly by a good performance from Mercosur members.
The increase in demand for meat will force world production to more than double by 2050, when the globe’s population is estimated to reach 9 billion, according to Arturo Lavallol a member of the International Meat Organization (OPIC) currently holding its 18th congress in Buenos Aires.
In anticipation of a new round of Mercosur/European Union trade talks to take place in Brussels, EU Trade Commissioner Karel De Gucht confirmed he remained hopeful a deal could be struck in the coming twelve months, following the recent experience with South Korea.