As the summer season approaches and Argentina lives through a not-quite-unprecedented crisis, Uruguay's Chamber of Commerce and Services fears it may result in fewer travelers and ensuing economic losses when compared to other years.
Paraguay's Foreign Ministry announced Sunday that a joint mechanism within Mercosur had been activated to rescue nationals of all member countries trapped in war-torn Israel.
Trade between Argentina and Brazil reached US$ 2.1 billion in September, marking a 19.5% decline compared to the US$ 2.66 billion recorded in the same month last year. This fact was brought to attention in a report by Argentina’s Chamber of Commerce and Services (CAC), which used official data from Brazil.
Brazil is planning to curb dairy imports from Mercosur countries. In the next few days, a decree will be published that will change the rules for tax benefits for dairies, agro-industrial companies, and cooperatives that participate in the Ministry of Agriculture’s milk program PMLS. The objective is to reduce tax incentives for companies that purchase dairy products from abroad.
Argentine Foreign Minister Santiago Cafiero Wednesday denied his country had any hypothesis of conflict with Paraguay despite recent controversies over tolls collected from barges sailing along the Paraná River Waterway and Asunción canceling all electricity supply from the Yacyretá hydroelectric power plant.
A Paraguayan naval officer and two civilians were arrested Wednesday by the Argentine Coast Guard (PNA) following an incident at around 3 pm in the Paraná River near the PNA's Puerto Maní (Misiones) delegation that resulted in the seizure of a Paraguayan Navy vessel allegedly trying to smuggle fuel to the Paraguayan side.
Argentina will continue to charge a toll to barges sailing through the Paraná River Waterway after no agreement was reached Tuesday during a Technical Commission meeting at the Brazilian Embassy in Buenos Aires.
ONE (Ocean Network Express) and Cosco Shipping are starting the new LUX container service. This route connects Europe and the Mediterranean with the east coast of South America with weekly stopovers.
Paraguayan lawmakers took to the Mercosur Parliament (Parlasur) in Montevideo the crisis stemming from Argentina charging tolls to barges sailing through the Paraná River Waterway, it was reported Monday in the Uruguayan capital. They displayed banners reading Free navigation now, Free navigation always, and Waterway = Mercosur.
Paraguayan President Santiago Peña insisted Monday that if the trade deal between Mercosur and the European Union is not operational by Dec. 6 there would be no agreement at all after he takes over the South American Common Market (Argentina, Brazil, Paraguay, and Uruguay)bloc's pro-tempore presidency.