Uruguay and Brazil could be prepared to go ahead with a 'two speed' trade negotiations between Mercosur and the European Union if the Argentine tariff proposal is not as ambitious as that from the rest of its members, according to Uruguayan diplomatic sources.
Mercosur pretends to increase its trade integration with members from the Pacific Alliance, said Brazilian foreign minister Luiz Alberto Figuereido. The top official made the statement this week before the Brazilian Senate foreign affairs committee.
The Argentine embassy in Montevideo through a Forum Malvinas Uruguay release totally rejected the decision from a group of Uruguayan lawmakers, representing all parties in parliament, accepting an invitation from the British embassy to visit the Falkland Islands.
Consumer prices in Uruguay during January soared 2.44%, according to the latest release from the stats office, INE, and the highest percentage since 2002. This means accumulated inflation in the last twelve months reached 9,10%, compared to the 8.52% for the twelve months of 2013.
China became Uruguay's main trade partner in 2013 totaling 20.9% of all trade according to the latest stats from the Central bank. This leaves China three percentage points ahead of Brazil, 18.8% (traditionally the main partner) and almost four ahead of Argentina with 18.1%.
Uruguayan president Jose Mujica said there is 'nothing guaranteed' in the coming talks with Argentina over a long list of bilateral issues, in reference to his meeting on Tuesday with president Cristina Fernandez in Cuba on the sidelines of the recent Celac summit. Mujica was interviewed by a Uruguayan television channel.
Uruguay, Ecuador and Malta were named as the best three countries in the world when it comes to climate.
Mercosur and the European Union continue to work on their tariff reduction proposals list but have no scheduled date for negotiators to meet and advance on a long delayed trade agreement according to Uruguayan diplomatic sources. However what is certain is that when the date is agreed it will be clear if Mercosur consensus proposal will include all founding members of the group.
A meeting of the presidents from Argentina and Uruguay, Cristina Fernandez and Jose Mujica has not been agreed but is 'in the agenda' said Uruguayan foreign minister Luis Almagro following an hour long meeting with his counterpart Hector Timerman on Wednesday in Montevideo.
Container operators in the port of Montevideo are demanding from Uruguayan authorities an agreement with Argentina to recover all the transshipment activity which has been lost since November when the government of President Cristina Fernandez retaliated against Uruguay over bilateral issues.