Tag: Mercosur

• Thursday, October 6th 2011 - 01:55 UTC

  “Mercosur won’t destroy European agriculture”, says EU business lobby

  

  The head of Business-Europe International Relations said Wednesday that a free trade agreement between the European Union and Mercosur “would not destroy European agriculture” in spite of fears from farmers.

• Wednesday, October 5th 2011 - 08:02 UTC

  Corporations call for ambitious EU/Mercosur deal and hope farm issues do not ‘derail the project’

  

  Major European corporations called on political leaders for an “ambitious and balanced” European Union-Mercosur trade agreement and asked that ‘agriculture issues’ impacts do not derail the project.

• Tuesday, October 4th 2011 - 06:45 UTC

  EU farm losses from trade deal with Mercosur ‘would range 1 to 3 billion Euros’

  

  European Union farmers could suffer losses ranking from one to three billion Euros if a trade agreement is finally agreed with Mercosur according to a European Commission evaluation paper on the impact.

• Friday, September 30th 2011 - 06:05 UTC

  Uruguay leaves basic rate unchanged at 8%; inflation remains above target

  

  Uruguay’s Central bank kept its benchmark interest rate unchanged as policymakers focus on bringing inflation back to target in anticipation of possible impacts from a global slowdown.

• Monday, September 26th 2011 - 18:33 UTC

  Uruguay begins negotiations to mitigate Brazilian trade restrictions

  

  A Uruguayan government delegation will begin talks on Tuesday in Brazil to address the latest restrictions imposed by Mercosur largest member and which threaten several manufacturing sectors, particularly the auto industry, said Foreign Affairs minister Luis Almagro.

• Friday, September 23rd 2011 - 08:00 UTC

  Uruguay could reconsider links with Mercosur given obstacles to inter-trade

  

  Uruguay is reconsidering the situation and links with Mercosur, given the recent trade obstacles and tariffs imposed by Mercosur senior partners Brazil and Argentina, announced President Jose Mujica in an interview.

• Wednesday, September 21st 2011 - 00:49 UTC

  Uruguay alert to the extent of Brazil recent measures on auto imports

  

  Uruguayan president Jose Mujica admitted a certain ‘stinging feeling’ following the recent Brazilian decision to increase import taxes on vehicles by 30%, which could also have an impact on Mercosur partners.

• Wednesday, September 21st 2011 - 00:41 UTC

  Mercosur coordinating temporary tariff mechanism to defend home markets

  

  Mercosur coordinators are holding meetings in Montevideo to decide on a mechanism for temporary increases of national tariffs besides those already implemented under the common external tariff for the group.

• Saturday, September 17th 2011 - 05:07 UTC

  Mercosur consolidates as leading soybean region with 52% of world’s production

  

  In twelve years Mercosur has consolidated as the leading region in soybean production with 52% of the world crop and the potential to further expand area and yields.

• Thursday, September 15th 2011 - 17:03 UTC

  Mercosur is not working, good relations between two presidents ‘are not enough’

  

  President Jose Mujica admitted to Uruguayan manufacturers and farmers that with recurrent Argentine and Brazilian obstacles to trade “it’s very hard to make Mercosur function” and good relations between presidents “are not enough”.