Uruguay Wants Mexico in Mercosur to Counterbalance Brazil

Brazzil Magazine covers

Uruguay wants Mexico to join Mercosur so a "better internal balance" can be achieved, said President Tabare Vazquez in Mexico City.

During a joint press conference with Mexican President Vicente Fox, Mr. Vazquez also pointed out Uruguay will not support Washington’s proposal for a Free Trade Area of the Americas until the United States and Canada agree to end farm subsidies.

Vazquez said that Mercosur, currently in the process of integrating Venezuela, would be "a better and more balanced bloc" if it included Mexico, which already has a free-trade pact with Uruguay and specific sector agreements with Argentina and Brazil.

Uruguay seeks "a better Mercosur, not this one that doesn’t serve us; we would like to see a Mercosur that responds to the heterogeneous conditions of the different countries and to the objective of an integration that serves everyone", underlined Vazquez who nevertheless insisted that the regional bloc is a strategic priority for Uruguay.

Uruguay’s economy has suffered considerably from the turbulences of its "giant" Mercosur partners: in 1999 with the devaluation of the Brazilian currency and in 2001/02 with the melting of the Argentine economy.

"We believe that to achieve better internal balance in Mercosur we need the participation of countries like Mexico, and hence we are strongly supporting its entry," said the Uruguayan president.

Conservative president Fox said that Mexico "does not hide its great interest" in joining Mercosur. Indeed, he has said in the past that he would like to see his country accepted into the Southern Cone bloc this year, the last of his six-year term.

On the subject of the U.S.-promoted Free Trade Area of the Americas, FTAA, Vazquez was pessimistic, saying that his country will continue to stand with Argentina and Brazil in opposing the idea unless the rich countries give up their agricultural subsidies.

Fox, a great enthusiast for the FTAA, got into a heated spat over the proposed accord last year with Venezuela’s Hugo Chavez, who accuses the U.S. of attempting "neo-colonialism" in Latin America.

Mercopress – www.mercopress.com

Tags:

You May Also Like

Brazzil Magazine covers

Brazil’s Coalition Party Warns President and Threatens to Become Opposition

Brazilian president Dilma Rousseff is “playing with fire” in the way it addresses relations ...

Brazzil Magazine covers

Brazil Anticipating US$ 35 Billion in Foreign Direct Investment This Year

According to the projection of the Central Bank of Brazil, the country should receive ...

Brazzil Magazine covers

Brazil Savannah Becomes Magnet for Multinationals Despite Poor Infrastructure

Apart from research, the development of agriculture in the cerrado, the Brazilian savannah, is ...

Brazzil Magazine covers

RAPIDINHAS

Found in a trunk 24 years after its author’s death, The Yellow Sofa is ...

Brazzil Magazine covers

All Ready for Pan American Games. Now Brazil Wants to Host the Olympics

The Americas will be focused in Brazil starting this coming Friday, July 13, when ...

Brazzil Magazine covers

Brazil Calls Space Mission’s US$ 10 Million Price Tag Small Considering Benefits

Brazil’s Minister of Science and Technology, Sérgio Rezende, refuted criticism this Thursday, April 20, ...