Brazil's leading think tank, Getulio Vargas Foundation, believes that in the current global trade situation with bottlenecks, shortages of inputs and transport challenges there is a great opportunity to reach an integral trade agreement between Mercosur and South Korea.
South Korea is to submit a Final Commuter Rail Proposal to the Paraguayan Government by Nov. 20, Ferrocarriles del Paraguay SA (Fepasa) CEO Lauro Ramírez announced Wednesday. The new commuter train line will link Asunción to Ypacaraí.
Uruguayan meat sales to Japan have been growing at an increasingly faster pace, according to press reports. In 2019, trade was worth US $ 20 million; in 2020, US $ 24 million and so far in 2021, revenues in dollars have grown 72% compared to the same period of the previous year, according to Montevideo Portal.
The Brazilian Confederation of Industry, CNI and the IndustriALL-Brasil (which represents industry unions) have officially requested that in the next Mercosur meeting, scheduled for early this month, Brazilian representatives withdraw the proposal for a reduction of block trade tariffs with other countries. However, both institutions also backed the current flexibilization of current trade talks with third countries, such as South Korea.
Paraguay's Minister of Industry and Commerce (MIC) Luis Alberto Castiglioni Friday discussed with South Korean Ambassador To Asunción In Shik Woo the establishment of an Auto Parts Technology Center for electric cars in the South American country, which is due to commence in 2022 and last for about five years, it was reported.
During his Bogota stop, South Korea's First Vice Foreign Minister Choi Jong-Kun expressed his country's concerns over Japan's intentions to release the contaminated water into the Pacific Ocean from the wrecked Fukushima nuclear plant, the Asian nation's Foreign Ministry announced Tuesday in a statement.
At least 13 South Koreans have died after receiving flu shots in recent days, according to official and local media reports, ramping up fears about vaccine safety even as authorities rule out a link.
The World Trade Organization (WTO) announced on Thursday that South Korea’s trade minister and a Harvard-trained former Nigerian finance minister have qualified as the two finalists to become the next director-general, ensuring a woman in the top job for the first time.
South Korea's swift handling of the COVID-19 crisis has provided a backdrop for a sharp increase in demand for premium and luxury cars, dealers and officials said, as wealthy people, insulated from many of the pandemic's worst effects, want to show off on the road.
South Korea's ruling party won a landslide victory in Wednesday's general election, partial results showed after the coronavirus pandemic turned the political tide in President Moon Jae-in's favor.