Mercosur foreign ministers will be meeting in June with the European Union Trade Commissionaire Cecilia Malmstrom to 'assess' the current negotiations for a comprehensive trade and cooperation agreement. The meeting in Brussels will be on the sidelines of the EU-Celac (Community of Latin American and Caribbean States) summit, the first at ministerial level since January 2013
Brazil and Uruguay's plan for a more 'flexible' Mercosur to speed negotiations for an encompassing long delayed trade agreement with the European Union have stumbled with the first official reaction from Argentina, which does not agree with the tariffs' proposals policy or individual trade initiatives from member countries.
Uruguay will be hosting Paraguayan president Horacio Cartes in early June when he is expected to confirm' his country's support to Uruguay and Brazil in their renewed approach to accelerate negotiations for the signing of a full cooperation and free trade agreement with the European Union, which were started fifteen years ago.
Uruguayan president Tabare Vazquez said it was “urgent and necessary” to redesign Mercosur so as to give its members greater 'trade flexibility'. Vazquez made the statements following Thursday meeting with his peer Dilma Rousseff in Brasilia and underlined “it would be naive to admit that Mercosur as it stands currently, is satisfactory”.
Uruguayan president Tabare Vazquez will be meeting his peer, Dilma Rousseff in Brasilia this Thursday to address a dense bilateral agenda, and more specifically the workings and future of Mercosur, in search for a more flexible group, open to agreements with third parties.
Mercosur countries have reached a basic consensus to look for mechanisms that will allow individual members to negotiate trade agreements outside the block, announced Uruguay's foreign minister Rodolfo Nin Novoa, who has been leading a strong campaign (with Brazilian support) on the issue.
Uruguay and Brazil presidents, scheduled to hold a bilateral meeting next 21 May in Brasilia will be addressing Mercosur issues, and advancing in the proposal that will allow the group's members to sign bilateral agreements with third parties not belonging to the region, thus avoiding the 'consensus' clause clamp.
Uruguay's president Tabare Vazquez announced that when he meets with Brazil's Dilma Rousseff next month, they will consider as a priority how to get the Mercosur-European Union talks for a trade agreement rolling again.
The United Nations refugee agency, UNHCR, will provide homes to six former detainees of the US military prison in Guantanamo who have struggled to resettle in Uruguay, the country`s President said on Friday.
Uruguay's GDP expanded a strong 3.5% during 2014 over the previous year, with positive activity in most sectors of the Mercosur member economy, according to the latest report from the Central bank. The result was in line with government officials expectations of 3% growth last year.