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Mercosur and EFTA conclude free trade talks, paving way for $4.3 trillion trade zone

Mercosur and EFTA conclude free trade talks, paving way for $4.3 trillion trade zone

The South American trade bloc Mercosur and the European Free Trade Association (EFTA) have concluded negotiations on a comprehensive free trade agreement that will grant more than 97% of exports from both sides improved market access, ministers...

Mercosur-EFTA FTA announced in Buenos Aires

Mercosur-EFTA FTA announced in Buenos Aires

Wednesday, July 2nd 2025 - 19:34 UTC Meetings of Foreign and Economy Ministers preceded the Mercosur Summit, bringing leaders together on Thursday The Southern Common Market's (Mercosur) Summit in Buenos Aires kicked off Wednesday with the...

MERCOSUR and EFTA Conclude Free Trade Agreement Talks

MERCOSUR and EFTA Conclude Free Trade Agreement Talks

Negotiators for the MERCOSUR-EFTA free trade agreement. X/ @frenteacano July 2, 2025 Hour: 12:39 pm On Wednesday, the Southern Common Market (MERCOSUR) and the European Free Trade Association (EFTA) announced the conclusion of negotiations for a...

Uruguay progresses towards developing its first regulatory agency

Uruguay progresses towards developing its first regulatory agency

Uruguay’s new left-wing coalition government took office in March 2025, under President Yamandu Orsi. Part of his new agenda has been to enhance the country’s regulation of pharmaceuticals. Uruguay is currently the only country in Latin America...

Mercosur widens list of external tariff-free goods

Mercosur widens list of external tariff-free goods

Wednesday, July 2nd 2025 - 15:07 UTC Certain restrictions apply to avoid concentration in any economic sector The Southern Common Market (Mercosur) countries will be allowed to add 50 product types to the bloc's common external tariff-free items,...

MERCOSUR-India Trade Talks: Modi Visit A New Window

MERCOSUR-India Trade Talks: Modi Visit A New Window

Home business MERCOSUR-India Trade Talks: Modi Visit A New Window India aims to push overall trade with Latin America and the Caribbean region to $100 billion. Strengthening ties with MERCOSUR will be critical to achieving that target With Brazil...

Mercosur, EFTA Blocs Finalize Free-Trade Agreement, Say Sources

Mercosur, EFTA Blocs Finalize Free-Trade Agreement, Say Sources

Reuters A drone view shows ships and containers at the Port of Santos, in Santos, Brazil April 3, 2025. Reuters 11:45 JST, July 2, 2025 BRASILIA, July 1 (Reuters) – South American bloc Mercosur has concluded talks for a free-trade agreement with a...

Mercosur and EFTA blocs seal free-trade agreement, CNN Brasil reports

Mercosur and EFTA blocs seal free-trade agreement, CNN Brasil reports

SAO PAULO (Reuters) -South American bloc Mercosur has concluded talks for a free-trade agreement with a group of four European nations known as EFTA, CNN Brasil reported on Tuesday, citing officials from the Brazilian government. An announcement...

Mercosur extends list of goods exempt from external tariff

Mercosur extends list of goods exempt from external tariff

Mercosur countries will be allowed to increase by 50 the number of product types exempt from the bloc’s common external tariff. The agreement was signed by the Common Market Council in Uruguay’s capital Montevideo on Thursday (Jun. 26). This means...

Lula Defends Mercosur Tariffs; Milei Talks of Freedom Together or Alone

Lula Defends Mercosur Tariffs; Milei Talks of Freedom Together or Alone

Upon taking over the temporary presidency of Mercosur this Thursday (3), President Lula gave a speech in stark contrast to that of his Argentine counterpart, Javier Milei. Lula emphasized the bloc’s role as a safe haven in an "unstable and...

Orsi invited Milei over to Montevideo

Orsi invited Milei over to Montevideo

Friday, July 4th 2025 - 09:34 UTC “It is not a good thing for us to meddle in the affairs of other countries,” Orsi insisted Uruguayan President Yamandú Orsi extended a formal invitation to his Argentine colleague, Javier Milei, to visit...

Brazil Pushes Mercosur–Panama Trade Talks as Bloc Seeks New Markets

Brazil Pushes Mercosur–Panama Trade Talks as Bloc Seeks New Markets

Brazil’s President Luiz Inácio Lula da Silva confirmed that Brazil will support starting free trade talks between Mercosur and Panama. He made this announcement during a meeting with Panama’s President José Raúl Mulino at the Mercosur summit in...

Relief operation of DRC Uruguayan blue helmets underway

Relief operation of DRC Uruguayan blue helmets underway

Friday, July 4th 2025 - 09:45 UTC Some 200 troops are arriving at Carrasco on a chartered Ethiopian Airlines flight from Rwanda (Pic Ejercito de Uruguay) Uruguay is carrying out on Friday a troop relief operation for its United Nations...

Brazil To Prioritize Agreements As Mercosur Leader

Brazil To Prioritize Agreements As Mercosur Leader

(MENAFN- Brazil-Arab News Agency (ANBA)) São Paulo – Upon assuming the pro tempore presidency of Mercosur at a summit on Thursday (3) in Buenos Aires, Argentina, Brazilian President Luiz Inácio Lula da Silva said that one of Brazil's priorities...

Mercosur presidents to relax tariffs at next summit

Mercosur presidents to relax tariffs at next summit

Next week, the summit of the Southern Common Market—Mercosur, a bloc made up of Argentina, Brazil, Paraguay, Uruguay, and Bolivia—should confirm the decision to extend the list of exceptions to the common external tariff by 50 products. The...

Brazil’s Lula da Silva promises to fortify Mercosur’s trade with foreign associates

Brazil’s Lula da Silva promises to fortify Mercosur’s trade with foreign associates

Updated at 3:09 p.m. Brazilian President Lula da Silva promised to work toward “fortifying inter-bloc trade with foreign associates” in the next semester as pro tempore Mercosur president after receiving the post from his Argentine counterpart...

Lula Urges MERCOSUR to Adopt Local Currencies for International Trade Payments

Lula Urges MERCOSUR to Adopt Local Currencies for International Trade Payments

Brazilian President Lula da Silva (L) and Argentine President Javier Milei (R), July 3, 2025. X/ @atanimaciones July 3, 2025 Hour: 11:18 am On Thursday, Brazilian President Lula da Silva called on member countries of the Southern Common Market...

Brazil takes up Mercosur presidency aiming for deeper integration

Brazil takes up Mercosur presidency aiming for deeper integration

Expanding trade, promoting energy transition, developing technology, fighting organized crime, and tackling social inequalities—these are the five priorities for the next Mercosur presidency, which Brazil will hold in the second half of this year....

Milei urges Mercosur to pursue greater trade openness at summit

Milei urges Mercosur to pursue greater trade openness at summit

President Javier Milei on Thursday urged his Mercosur partners to push for greater trade openness within the bloc as he opened a major summit of the South American bloc in Buenos Aires. Speaking at the opening of the event, the La Libertad Avanza...

Panama Participates in its First Mercosur Summit as an Associate

Panama Participates in its First Mercosur Summit as an Associate

Panama President Mulino emphasized the need to build a water reservoir to guarantee the availability of water for the Interoceanic Waterway and the population, preventing future damage like those caused by the El Niño phenomenon. In his first...

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