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Mercosur


Israeli Prez Peres Must Carry Palestinian Answers to Brazil
Israeli President Shimon Peres should have answers to the Palestinian issues during his Latin American sojourn if he aspires to strengthen ties with them, particularly, in light of growing opposition in Brazil over the ratification of Mercosur-Israel FTA. A Parliamentary Commission on Foreign Relations and National Defence has recommended to the Brazilian parliament in September not to ratify Mercosur-Israel FTA until “Israel accepted the creation of the Palestinian state on the 1967 borders”.
Argentina-Brazil trade tensions rise
Brazil’s ambassador to Buenos Aires was summoned to Argentina’s foreign ministry Tuesday amid rising trade tensions between the two South American economic powers.
Brazilian Parliament recommends freezing out Israelis from third largest export market
“This decision is an enormous blow for Israel’s economy and foreign relations”, says Jamal Juma’ of the Stop the Wall Campaign. The Brazilian Parliamentary Commission on Foreign Relations and National Defense has recommended that the parliament should not ratify the Free Trade Agreement (FTA) between Mercosur and the State of Israel until “Israel accepts the creation of the Palestinian state on the 1967 borders”.
Agreement between MERCOSUR and EU becomes a priority
The negotiation of a free trade agreement between MERCOSUR and the UE has become, for Brazil, a greater priority than the trade liberalization debates at the World Trade Organization (WTO)
Brazil’s Lula urges closer Saudi economic ties
Brazilian President Luis Inacio Lula da Silva hailed his country’s growing relations with Saudi Arabia and the Middle East on Sunday as he pushed for more trade and investment in the region.
Sustaining global solidarity after Gaza
In South America, serious pressure is building against the Israel-Mercosur Free Trade Agreement (FTA), threatening to derail it entirely. South American social movements, who have years of experience fighting against free trade, have integrated Palestine solidarity into their general work.
Spain, Argentina push for restart of Mercosur-EU talks
Spain and Argentina on Monday asked for a restart of trade talks between the South American Mercosur economic bloc and the European Union.
Forget Mercosur, sign trade accord with EU says Brazil industry
A leading number of Brazilian businessmen belonging to the country’s powerful National Confederation of Industry, CNI, said it was time to sign a bilateral agreement with the European Union, which would leave out Mercosur
Mercosur “is virtually fractured” Uruguay admits openly
Mercosur presidential summit next week in Brazil has on the table an agenda of several highly sensitive issues that could deepen the rift between senior members Argentina and Brazil and junior members Paraguay and Uruguay, according to Uruguayan parliamentary sources.
Korea seeks free trade with Russia, Mercosur
Korea wants to offset the expected slowdown in growth next year by expanding free trade pacts with Russia and South America’s Mercosur members, a government official said yesterday.
Argentina’s protectionist policies alienate Mercosur partners
As was anticipated Mercosur senior members Argentina and Brazil proposed Friday an increase of the common external tariff, (AEC) for certain products, and as was expected junior members Uruguay and Paraguay rejected the idea.
MERCOSUR Far from Expectations, Uruguay FM
MERCOSUR "is barely surviving or far from the expectations for which it was created," said Uruguayan Foreign Minister, Gonzalo Fernandez, in declarations today to the weekly magazine Busqueda.
Korea seeks FTAs with S. American nations
President Lee Myung-bak called Tuesday for the launch of negotiations on a free trade agreement between South Korea and the Southern American Common Market, called MERCOSUR, involving Argentina, Paraguay, Uruguay and Brazil. In a separate interview with a Peruvian newspaper, Lee said he would declare the beginning of free trade negotiations with Peru.
Mercosur proposes agreement with Egypt
Last week, the Mercosur submitted a free trade agreement negotiation proposal to the Egyptian government. The draft document, containing the broad lines for a treaty, was handed over by a delegation from the South American bloc to Cairo
Jordan, Argentina discuss FTA
His Majesty King Abdullah and Argentinean President Cristina Kirchner on Wednesday discussed prospects for a free trade agreement (FTA) between the two countries. They said that Jordan’s framework deal with MERCOSUR, a regional trade agreement between Argentina, Brazil, Paraguay and Uruguay, paves way for the FTA with Argentina.
Saved by Diversification
South America’s tendency towards trade diversification over the past few years may spare the region the worst repercussions from the U.S. financial crisis, unlike Mexico, which will definitely feel the effects, as its northern neighbour absorbs a majority of its exports, say experts.
Uruguay favors more trade accords, with or without Mercosur
Uruguay formally proposed its Mercosur partners to begin a round of negotiations geared to reach trade agreements with the European Union, United States, South Korea and Canada.
Uruguay criticizes Mercosur tolerance of export taxes
Uruguay’s Economy minister Danilo Astori criticized export taxes and complained the fact Mercosur has allowed Argentina to apply them when “we all know this is a simple manipulation of the economy” which also has political effects.
Uruguay: After Doha, FTA with the EU and NAFTA fails once again
Trade agreements with big blocs like the North America Free Trade Agreement (NAFTA) or with the European Union have experienced a recent boost in Uruguay.
The politicization of Mercosur: With a divided past, is there hope for a united future?
Today the leaders of Mercosur are convening in Tucumán, Argentina, for their semi-annual conference. San Miguel de Tucumán was the site of Argentine independence from Spain in 1816. Mercosur should take advantage of the historic significance of this site and use this meeting to redefine itself independently from other regional integration schemes and trade blocs.