President Donald Trump on Tuesday said he will pursue a U.S. trade agreement with Brazil, suggesting a friendly relationship with President Jair Bolsonaro could help lower trade barriers between the two biggest economies in the Americas.
Argentine President Mauricio Macri said Wednesday in Santa Fe that Mercosur's trade agreement with the European Union (EU) “will have a positive impact on the quality of life of the people” and called for “the convergence” with the Pacific Alliance.
The political and economic crisis in Venezuela was the center of the political debate among the heads of state that, this Wednesday, met in Santa Fe, Argentina in the Mercosur semi-annual summit, a block from which the Caribbean country is currently suspended. Neither Uruguay, Bolivia nor Chile addressed a word regarding the Venezuelan situation.
Uruguay's President Tabaré Vázquez Wednesday highlighted in the Argentine city of Santa Fe the partnership agreement reached in the first semester of the year with the European Union (EU) as a very important achievement for Mercosur after 20 years of negotiations, 39 formal meetings and many other informal ones, for which he thanked the technical teams involved.
Uruguayan President Tabaré Vázquez Tuesday denied having sought to meet privately with his Brazilian counterpart Jair Bolsonaro during Wednesday's Mercosur summit in Santa Fe, Argentina.
Uruguay's President Tabaré Vázquez and Petrobras CEO Roberto Castello Branco met Tuesday in Santa Fe, Argentina, to discuss a possible solution to the crisis affecting Montevideo's two gas suppliers, which are both subsidiaries of the Brazilian consortium.
The presidents of Argentina, Brazil, Paraguay and Uruguay are expected to announce Wednesday the elimination of the roaming service charge when travelling to any of the Mercosur countries, it was reported.
Uruguay's President Tabaré Vázquez is ready to hold a first-ever one-on-one meeting with his Brazilian counterpart Jair Bolsonaro to discuss bilateral issues, during this coming Wednesday's Mercosur summit at the newly remodelled west wing of the historic Belgrano Railway Station in the city of Santa Fe, Argentina.
A trade deal between the European Union and South America’s Mercosur bloc of countries could facilitate other agreements and open up new markets for Brazil’s massive beef-packing industry, a trade group said.
Brazilian vehicle exports to Argentina are expected to plunge this year, and the industry could face threats from rising imports following a free trade agreement between the European Union and Mercosur, a major industry body said.