Southern Common Market (Mercosur) foreign ministers meeting in Buenos Aires on Friday agreed to temporarily expand the National List of Exceptions to the Common External Tariff by up to 50 codes per member state in response to global trade tensions, following US President Donald Trump's barrage of import surcharges.
Add your comment!Presidents Javier Milei of Argentina and Santiago Peña of Paraguay met Wednesday in Asunción to stress their shared commitment to economic freedom and deregulation as a path to prosperity. Their encounter took place at the same time most other heads of State convened in Tegucigalpa (Honduras) for the Celac Summit.
Add your comment!Mercosur is expecting one of the best rice harvests of the last decade, and particularly in Uruguay (exporter of prime quality rice), yields of harvested fields are indicating possible new records. However Uruguay rice farmers are facing trade, price and logistics hurdles, according to farmer Karol Pinczak.
Add your comment!Argentina’s beef exports totaled 96,805 metric tons in the first two months of 2025, down 26.1% from the same period in 2024, according to a report from the Rosario Board of Trade BCR. This has meant that in terms of revenue, exports fell 3.8% year-over-year to US$474.5 million for January and February combined.
Add your comment!Presidents Yamandú Orsi of Uruguay and José Raúl Mulino of Panama met Monday at the Palacio de las Garzas to discuss the Southern Common Market (Mercosur) and other bilateral issues. The newly-inaugurated Broad Front leader's trip reciprocated Mulino’s prior visits to Uruguay, which facilitated Panama’s entry as an Associated State of Mercosur in December 2024. The meeting also took place as part of the celebrations marking 120 years of diplomatic relations between the two countries.
Add your comment!Brazilian President Luiz Inácio Lula da Silva and First Lady Janja were welcomed by Japan's Emperor Naruhito and Empress Masako on Tuesday at the Imperial Palace in Tokyo, marking the start of the South American leader's state visit to celebrate 130 years of diplomatic relations between the two countries. Brazil arguably hosts the largest Japanese-descendant population outside Japan with around 2 million people, while Japan is home to the fifth largest Brazilian community abroad, with around 200,000 people.
Uruguayan Foreign Minister Mario Lubetkin had on Wednesday his first formal day in office on Wednesday. During a ceremony in Montevideo attended by President Yamandú Orsi and Vice President Carolina Cosse, the South American country's top diplomat emphasized Uruguay's role as an “actor of peace” to help reduce global tensions.
Argentine President Javier Milei further elaborated on his plan to curb inflation during his opening speech Saturday before the Legislative Assembly when opening the 202t5t Legislature. Among other items, he spoke of a new agreement with the International Monetary Fund (IMF) plus the reorganization of the Central Bank (BCRA) accounts.
Uruguayan President Yamandú Orsi held a one-on-one talk with his German colleague Frank-Walter Steinmeier, at the Estévez Palace in Montevideo. Both leaders agreed on the importance of ratifying the trade agreement between the South American Common Market (Mercosur) and the European Union (EU).
A Brazilian Federal Court has ruled that the export of live animals for slaughter does not violate Brazilian law. The unanimous decision of the Federal Court overturned a lower court ruling that had suspended the activity at all Brazilian ports.