Uruguay

• Tuesday, July 3rd 2012 - 22:57 UTC

  “A coup against Mercosur” claims leading Brazilian newspaper

  

  Brazil’s conservative but influential daily O Estado de Sao Paulo dedicated the main Tuesday editorial to the Mercosur suspension of Paraguay and the entrance of Venezuela arguing that what happened at the group’s summit in Mendoza was “a coup against” the block.

• Tuesday, July 3rd 2012 - 18:32 UTC

  Astori describes Mercosur latest decisions as “aggression and major institutional blows”

  

  “It’s a major institutional blow, maybe the most serious in the 21 years of Mercosur” said Uruguayan Vice president Danilo Astori in direct reference to the group’s decision to incorporate Venezuela with the approval of Argentina, Brazil and Uruguay and the absence of Paraguay.

• Tuesday, July 3rd 2012 - 06:31 UTC

  Argentina and Brazil deny Uruguay and insist the decision on Venezuela was unanimous

  

  Argentina underlined late Monday that the decision on the incorporation of Venezuela as full member of Mercosur was “unanimously” supported by the presidents from Argentina, Brazil and Uruguay during the group’s summit last Friday hosted by President Cristina Fernandez.

• Tuesday, July 3rd 2012 - 06:24 UTC

  Uruguay says it accepted Venezuela in Mercosur as part of a major negotiation

  

  The Uruguayan government said that it accepted the incorporation of Venezuela as full member of Mercosur as part of a “negotiation” in which it demanded no economic sanctions on Paraguay and that is why “the last word has not been said” on the issue.

• Tuesday, July 3rd 2012 - 06:14 UTC

  Brazilian opposition blasts Rousseff for the management of Paraguayan situation

  

  The leading member from Brazil’s main opposition political party described Uruguay’s claim that consensus was absent in the Mercosur decision to suspend Paraguay and to incorporate Venezuela as “extremely serious” and complained Mercosur has become a merely “ideological” grouping.

• Tuesday, July 3rd 2012 - 00:55 UTC

  Brazil and Argentina to benefit most from Venezuela’s Mercosur incorporation

  

  The formal incorporation of Venezuela to Mercosur next July will benefit mainly Brazil and Argentina since they could considerably increase their exports to the oil-rich country at the expense of the local production sector weakened by the economic policies from the administration of President Hugo Chavez, according to analysts.

• Monday, July 2nd 2012 - 23:42 UTC

  Uruguay says it was Brazil that forced the incorporation to Mercosur of Venezuela

  

  The Uruguayan government revealed on Monday its disagreement with the way Venezuela’s incorporation to Mercosur was decided last Friday at the summit held in Mendoza, Argentina, and said “it was not the last word” since the process must be reviewed from a juridical point of view.

• Saturday, June 30th 2012 - 05:39 UTC

  Mercosur doubles list of goods that can have tariffs raised unilaterally 35% by each member

  

  Mercosur rejected an Argentine proposal to raise imports tariffs on all goods from outer zone to protect local industries, but accepted Brazil’s initiative to raise tariffs unilaterally on 200 goods, up from 100 agreed last December.

• Saturday, June 30th 2012 - 04:45 UTC

  Unasur suspends Paraguay; names Peru at the group’s pro-tempore presidency

  

  Unasur, Union of South American nations on Friday suspended Paraguay from the group following the ouster of the country's former president, Fernando Lugo. The decision was adopted at an extraordinary meeting in Mendoza, Argentina where earlier in the day Mercosur members adopted a similar measure.

• Saturday, June 30th 2012 - 03:52 UTC

  Mercosur ‘suspended’ Paraguay feels free to establish trade links with other countries

  

  President Federico Franco announced in a press conference that if Paraguay is suspended from Mercosur the country will feel free to look for other trade agreements and international relations.