Tag: Mercosur

• Friday, August 24th 2012 - 06:18 UTC

  Paraguayan Senate defies Mercosur: votes against Venezuela’s incorporation

  

  The Paraguayan Senate, at the heart of serious regional diplomatic dispute, voted by a solid majority against the incorporation of Venezuela as full member of Mercosur. Thirty one Senators rejected the Venezuelan Protocol of Adhesion, three supported it and eleven left the floor before the vote was taken.

• Thursday, August 23rd 2012 - 05:33 UTC

  A billion dollars trade surplus for Argentina in July; Mercosur main partner

  

  Argentina’s trade surplus reached 1.014 billion dollars in July, which is 54% higher than the same month a year ago. Exports totalled 7.4 billion and imports 6.37bn according to the latest release from the official stats office, Indec.

• Thursday, August 23rd 2012 - 01:52 UTC

  “We need to prepare for war to live in peace”, says Paraguayan Defence minister

  

  “We must prepare for war to live in peace” said Paraguay’s Defence minister Maria Liz Garcia in reference to the new geopolitical situation following the suspension of Paraguay as a member of Mercosur and Unasur.

• Thursday, August 23rd 2012 - 00:58 UTC

  Chavez pledges 130bn investment to boost oil production to 6 million bpd by 2019

  

  Some 130 billion dollars will be invested in Venezuela's Orinoco Oil Belt between 2013 and 2019 to boost national production from 3 million barrels per day to 6 million bpd, President Hugo Chavez announced on Tuesday evening.

• Thursday, August 23rd 2012 - 00:50 UTC

  Where’s the cheapest to ‘fill her up’? Venezuela: 12.8 US cents a liter of petrol

  

  Venezuela, the latest entry as full member of Mercosur has the cheapest petrol price in the world, 8 pennies per liter, (1 £ trading at 1.59 dollars on 22 August) according to the latest report from UK website, “This is money”, based on a research from Evans Halshaw.

• Saturday, August 18th 2012 - 06:12 UTC

  First shipment from Mercosur latest member to the south: 14.000 tons of urea

  

  Venezuela dispatched on Friday a shipment of 14.000 tons of urea for Brazil and Uruguay, the first since becoming a full member of Mercosur, reported the official Venezuelan news agency.

• Thursday, August 16th 2012 - 02:26 UTC

  Mujica working for more trade agreements and a Mercosur with ‘flexibility’

  

  Uruguay needs “new markets and new partners” and must try to diversify trade with the largest possible number of agreements to make Mercosur more flexible and anticipate the current process in Argentina, said President Jose Mujica.

• Wednesday, August 15th 2012 - 09:43 UTC

  Unasur ratifies sanctions; Paraguay president more concerned with OAS position

  

  Unasur ratified on Tuesday Paraguay’s suspension from the block at a meeting of the so called High Level Group in Lima, Peru which assessed the situation of the landlocked country.

• Wednesday, August 15th 2012 - 09:10 UTC

  Paraguayan president calls for moderation from the Senate on the Venezuela issue

  

  Paraguayan president Federico Franco called for moderation and time from members of Congress when they begin considering Venezuela’s request to become a full member of Mercosur, since the issue needs of “a good in depth analysis and no hasty decision”.

• Saturday, August 11th 2012 - 11:45 UTC

  Uruguay will continue with Mercosur but is also interested in the Pacific alliance

  

  Uruguay will continue “to look after” Mercosur in spite of the strong diplomatic discrepancies with Argentina, but will also continue with an interest in participating in other trade blocks of the region, said President Jose Mujica.