Uruguayan President Luis Lacalle Pou and Chinese Premier Li Qiang are keen to keep working on a bilateral free trade agreement as well as pursue one between China and the wider Mercosur trade bloc.
The Brazilian president delivered a message to industrialized nations at a climate summit in Belém, arguing they should ‘pay their part so we can revive part of what was ruined’
Friends of the Earth Europe commissioned a legal analysis of the European Commission’s additional environmental protocol which demonstrates that it is a mere greenwash, only offering cosmetic and unenforceable adjustments.
Montevideo is pushing ahead with FTA talks with China – ignoring warnings from neighbors about possible legal and trade action if Uruguay negotiates outside the bloc.
The President of Uruguay stated that negotiations with Chinese authorities are “progressing”. However, the processes of the Asian country advance at a “slower” pace, the head of the South American Government said.
Brazilian President Luiz Inacio Lula da Silva called for the South American trade bloc Mercosur to urgently seal a free trade agreement with the European Union before negotiating with China.
Free-trade agreement between Uruguay and China would destroy Mercosur by contradicting the bloc’s integration policies, declares Brazilian Foreign Minister Mauro Vieira.
South America’s major Mercosur trade bloc, which includes regional powerhouses Brazil and Argentina, has been rattled by one of its smaller members, Uruguay, seeking to strike its own free-trade deals, leaders said.
Uruguay has applied for membership in the 11-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership, in the South American country’s latest bid to do more trade with Asia.
Uruguay plans to formally apply to join the Trans-Pacific Partnership free trade agreement, which brings together Japan and other Pacific Rim nations, its president has said.
Uruguayan Foreign Minister Francisco Bustillo is off on a European tour seeking to advance in the signing of the Mercosur-European Union agreement.
The recent Mercosur summit revealed strains in the bloc. As Uruguay moves for a free trade agreement with China, other members discuss consequences and call for unity.
Uruguay and China have decided to enter formal negotiations on a free trade agreement, Uruguayan President Luis Lacalle Pou said.
The Presidents of Ecuador and Uruguay exchanged views on ”the possibility of starting to deal with a bilateral trade agreement.“
The member states were unable to hash out an agreement after Uruguay declined to sign on unless other countries agreed to let it negotiate its own unilateral free trade deals without the blessing of Mercosur nations.
The US intends to increase trade and investments through the TIFA agreement.
Uruguay and China will begin negotiations to seek a bilateral free trade agreement, Uruguayan President Luis Lacalle Pou announced, an issue that has generated risks within Mercosur.
Uruguay hopes to sign a free trade agreement with Turkey, would be joined by the other Mercosur partners, said Foreign Minister, Francisco Bustillo.
Uruguay will proceed with negotiations, expecting to reach trade agreements with third parties or blocks, outside of the four founding members group.
Uruguayan Foreign Minister Francisco Bustillo and US Secretary of State Mike Pompeo have met in Washington to discuss deepening commercial ties, the Uruguayan Foreign Ministry said