Tag: Mercosur

• Saturday, August 6th 2011 - 08:47 UTC

  Unasur central bankers anticipate moderation in the region’s growth

  

  Unasur (Union of South American Nations) central bankers meeting on Friday to discuss global financial turbulence saw heightened risks and a moderation in the region's growth, they said in a joint statement published by Chile's central bank.

• Saturday, August 6th 2011 - 08:26 UTC

  Germany’s BMW planning assembly plant in Brazil to cater Mercosur luxury car demand

  

  German automaker BMW said this week it would probably build its first assembly plant in Brazil after strong demand for luxury cars generated stellar earnings for the global leader.

• Saturday, August 6th 2011 - 00:06 UTC

  Paraguay/Uruguay sale of power remains blocked by Argentina

  

  The sale of power from landlocked Paraguay to Uruguay remains in suspense given a “difference” in the toll price for the use of the Argentine grid to deliver the power.

• Thursday, August 4th 2011 - 06:39 UTC

  Brazil to request additional exceptions from Mercosur common external tariff

  

  Brazil will request at least 100 additional exceptions from Mercosur common external tariff, TEC, as part of the program to prop local industry that was announced earlier this week and includes tax relief to the tune of 16 billion dollars.

• Saturday, July 30th 2011 - 22:43 UTC

  South America as a region to discuss measures to counter global financial crisis

  

  South America’s top economic and monetary authorities will be meeting in Lima and later in Buenos Aires to agree on “joint and specific actions” to address the flush of global liquidity distorting regional currencies and of unsold manufactured goods threatening jobs and industry.

• Saturday, July 30th 2011 - 22:33 UTC

  Cristina and Dilma reaffirm ‘strategic alliance and commitment to Mercosur

  

  Argentina and Brazil reaffirmed on Friday their strategic alliance and commitment to Mercosur and regional integration during a summit in Brasilia, where President Cristina Fernández de Kirchner together with her Brazilian peer Dilma Rousseff inaugurated the new Argentine Embassy in the Brazilian capital.

• Friday, July 29th 2011 - 06:32 UTC

  Claims China is ‘circumventing’, via US, to avoid Brazil anti-dumping tariffs

  

  Brazilian newspaper Estado de Sao Paulo revealed documents from Chinese company Sun Falcon International Inc. offering triangulation scheme through Los Angeles port, the busiest container port in the US, to avoid Brazilian anti-dumping tariffs.

• Thursday, July 28th 2011 - 11:34 UTC

  Volcanic ash cloud dissipates and Buenos Aires airports return to normal activity

  

  Activity in Buenos Aires Metropolitan airport slowly resumed its normal pace on Wednesday as Aerolíneas Argentinas, Austral and Lan airlines announced they resumed their operations, after cancelling them due to volcanic ash cloud.

• Wednesday, July 27th 2011 - 01:13 UTC

  UNASUR leaders to meet in Lima following Humala’s taking office ceremony

  

  The twelve leaders of UNASUR (Union of South American Nations) will be meeting in Lima, Thursday following on the taking office ceremony of Peruvian president Ollanta Humala. All twelve presidents have confirmed attendance with the exception of Venezuela’s Hugo Chavez undergoing cancer treatment.

• Friday, July 15th 2011 - 06:25 UTC

  Argentina denies restrictions in trade with Brazil; admits ‘logical differences’

  

  Argentina’s trade relation with Brazil does not have restrictions and “it’s understandable that some differences surface” when bilateral trade will be reaching over 40 billion dollars this year, said Argentine Industry Ministry sources in Buenos Aires.