Spanish Prime Minister Pedro Sánchez held a telephone conversation this week with Paraguayan President Santiago Peña during which he insisted on his country's commitment to finalizing the trade deal between the European Union and Mercosur while he held the rotating presidency of the northern alliance. The deal would unite 800 million people and represent a quarter of the world's Gross Domestic Product (GDP). If things go on as projected, Mercosur would obtain duty-free access for 93% of its exports to the EU, with a 10-year deadline to achieve this goal.
Paraguayan and Uruguayan health authorities have been reported to be taking preventive measures regarding a possible outbreak of equine encephalomyelitis.
Brazil's Senate Tuesday greenlighted Bolivia's accession to the South American Common Market (Mercosur) as a full member of the bloc. Once President Luiz Inácio Lula da Silva enacts the bill, the regional alliance will once again consist of five full members -in addition to Argentina, Paraguay, and Uruguay- as it once happened when Venezuela was admitted but later suspended in 2017 for its undemocratic practices.
European Commission Vice President for Trade Valdis Dombrovskis said on Monday that the European Union (EU)-Mercosur trade deal was ready for the final political push after technical negotiations were completed.
Brazil currently the chair of Mercosur has opened a consultation period until December 18 on a possible trade agreement between the South American block and the United Arab Emirates. The idea is to reach and listen to the private sector, scholars, civil society, academics and other interested parties.
Argentina's future top diplomat Diana Mondino met Sunday in Brasilia with Foreign Minister Mauro Vieira and Ambassador Daniel Scioli to hand over a personal letter from Javier Milei inviting President Luiz Inácio Lula da Silva to his Dec. 10 inauguration in Buenos Aires.
Uruguay's Navy has captured a Brazilian-flagged fishing vessel carrying some three tons of illegal catch, it was reported Friday in Montevideo.
Argentina's future government of President-elect Javier Milei intends to privatize the Paraná Paraguay Waterway and bidding documents have already been drafted, but collecting tolls would remain in place, it was reported Thursday in Buenos Aires. Future Infrastructure Minister Guillermo Ferraro is said to have been working on the issue for weeks.
Brazilian President Luiz Inácio Lula da Silva said Tuesday that he does not need to be friends with the heads of state of other countries, despite which it was possible to reach an agreement, Agencia Brasil reported.
The European Parliament negotiators agreed on Thursday the EU Nature Restoration Bill which requires member countries to restore 20% of EU land and sea habitats by 2030, a bill that has already triggered spontaneous protests from the farming community in several EU countries.