Uruguay

• Tuesday, July 16th 2013 - 17:15 UTC

  Uruguay presses for EU/Mercosur talks fearing loss of tariff benefits

  

  Uruguay needs a quick resumption of Mercosur/European Union trade and cooperation talks because at the end of the year expire a number of tariff benefits for Uruguayan exports, revealed Foreign minister Luis Almagro.

• Tuesday, July 16th 2013 - 05:45 UTC

  Paraguay will hold Mercosur presidency in the first half of 2014, says Uruguay

  

  Paraguay will hold the rotating chair of Mercosur after Venezuela, at the end of this year, which will mark the full active comeback of the country to the regional block, announced Uruguay’s Foreign minister Luis Almagro on Monday in Montevideo.

• Monday, July 15th 2013 - 22:42 UTC

  Brazilian official regrets Paraguay did not follow the path of Venezuela, Ecuador and Bolivia

  

  Brazilian international affairs advisor Marco Aurelio Garcia admits the incorporation of Venezuela to Mercosur was done without Paraguay’s approval and argues the downfall of Fernando Lugo was because of his political incapacity to follow on the steps of other countries with strong popular support such as Venezuela, Bolivia and Ecuador

• Monday, July 15th 2013 - 16:22 UTC

  Uruguay files in SEC plans to sell up to 5 billion dollars in securities

  

  Uruguay filed a shelf registration with the US Securities and Exchange committee to sell up to 5 billion in US denominated securities. Economy minister Fernando Lorenzo said the filing will allow the government to issue debt when it is convenient for the country and market conditions are favourable.

• Saturday, July 13th 2013 - 13:34 UTC

  Mercosur blasts EU countries over Morales incident and condemn US electronic surveillance

  

  Mercosur leaders agreed on Friday to call home for consultation their ambassadors to Spain, France, Italy and Portugal to protest last week's forced diversion of the Bolivian president's aircraft. They also strongly defended their right to offer asylum Friday, venting anger at claims of US spying in the region while intelligence leaker Edward Snowden's fate hangs in the balance.

• Saturday, July 13th 2013 - 02:24 UTC

  “Mercosur has closed its doors to Paraguay”, reacts Asuncion to the Venezuelan presidency of the group

  

  “Mercosur has closed its doors to Paraguay and it’s not good for Latinamerican integration”, was the first reaction from Asuncion after the group announced the presidency for Venezuela and lifting the suspension of Paraguay next 15 August.

• Friday, July 12th 2013 - 23:00 UTC

  Maduro pledges his priority as Mercosur chair is the full active return of Paraguay

  

  President Nicolas Maduro remembered former leader Hugo Chavez and pledged his main priority as president of Mercosur would be to ensure the quick return of Paraguay to the group. Maduro made the statement on Friday in Montevideo during the ceremony in which he received the official Mercosur presidency gavel from Uruguayan president Jose Mujica which means he will be holding the pro tempore chair for the next six months.

• Friday, July 12th 2013 - 08:16 UTC

  Mercosur will lift Paraguay’s suspension next August 15, announced Uruguay

  

  This coming August 15, Mercosur will lift the suspension on Paraguay's participations that has held since June 29 2012, Uruguay Minister Luis Almagro announced on Thursday during a meeting of the group’s foreign ministers in Montevideo.

• Thursday, July 11th 2013 - 07:26 UTC

  Summit in Montevideo could further expose the fragility of a Mercosur turned political

  

  President-elect Horacio Cartes will not make any comments on the ongoing dispute of Paraguay with Mercosur until after the group’s summit in Uruguay next Friday, when official decisions on the subject are expected to be made public. However for both sides any decision will most probably be challenging and ratify that Mercosur has become a political group far from its original trade and investment purposes.

• Thursday, July 11th 2013 - 07:14 UTC

  After twenty years of negotiations US opens its market to Uruguayan citrus

  

  After almost twenty years of negotiations United States confirmed the opening of its market to citrus from Uruguay, which will become effective next 9 August when certain coordination and logistics tasks are coordinated by both countries.